InCommodities signs PPA with Skyborn Renewables for Nordergrunnde offshore wind farm

Type: Ppa · Technology: Offshore Wind · Country: Germany · Capacity: 110.7 MW · Announced: 2026-09-24

InCommodities Asset Management signed a power purchase agreement with Skyborn Renewables covering the 110.7 MW Nordergrunnde offshore wind farm in Germany, marking InCommodities' first offshore wind transaction. The agreement includes offtake of electricity and Guarantees of Origin, plus balancing services for the wind farm located 13 km off the coast of Lower Saxony in the German North Sea. Nordergrunnde includes 18 Senvion 6.2M126 turbines and has been operating since 2017, supplying enough electricity for an estimated 90,000 households annually. Skyborn became the sole owner of the project in 2026 and is responsible for its long-term management, while Skyborn Deutschland operates the asset. InCommodities, which has 2,059 MW of renewable energy capacity under contract in Germany, expands its asset management activities into offshore wind after a portfolio focused on onshore wind and solar in European markets.

Analysis

InCommodities Asset Management signed a power purchase agreement with Skyborn Renewables for the 110.7 MW Nordergrunnde offshore wind farm in Germany. Skyborn Renewables is a pure‑play offshore wind developer that became sole owner of Nordergrunnde in 2026 and operates the asset through Skyborn Deutschland. InCommodities Asset Management holds 2,059 MW of renewable energy capacity under contract in Germany. The PPA includes offtake of electricity, Guarantees of Origin and balancing services for the farm located 13 km off the coast of Lower Saxony in the German North Sea. The agreement was announced on 24 September 2026; financial value was not disclosed.

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