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Hohe See Offshore Wind Project
In February 2017, Enbridge Inc. acquired a 50-percent ownership stake in the 497-megawatt (MW) Hohe See Offshore Wind project, a late-design-stage project located in the North Sea, 98 kilometres off the German coast.
EnBW, a leader in German power generation and offshore wind development, will retain the remaining interest in the project, which is expected to enter service in late 2019. Enbridge’s total investment in the Hohe See Offshore Wind project will be C$1.7 billion (EUR1.07 billion). Under the German government’s offshore wind incentive structure, power generated by the project will effectively receive long-term fixed pricing for a period of 20 years.
Development and construction for Hohe See have been de-risked, as the project has now achieved all key regulatory approvals, while fixed-price engineering, procurement, construction and installation contracts have been secured with key suppliers, representing more than 90% of the project capital costs.
Enbridge’s partnership with EnBW provides an option for further investment in a planned 112-MW expansion of the wind farm.
- Type: Wind energy project
- Status: In development
- Location: North Sea, 98 km off German coast
- Expected in-service date: Late 2019
- Expected capacity: 497 MW
- Expected number of turbines: 71
- Expected equivalent homes served: 565,602