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Northland Power contracts Kapellmann for Nordsee Two

By: Bridget Randall-Smith 15/03/2021 4C Offshore

General Windfarms

Northland Power has contracted Kapellmann to help prepare its 'entry right' in the upcoming German offshore wind auctions.

In February, the Federal Network Agency (BNetzA) announced the launch of the first tenders under the new central model for areas N-3.7 (225 MW) and N-3.8 (433 MW) in the North Sea and O-1.3 (300 MW) in the Baltic Sea.

The bidding window is due to close on 1st September 2021. Bids will be awarded based on lowest price (capped at 7.3 ct/kWh) or by lottery if there are multiple subsidy bids.

However, some developers also have the opportunity to 'step-in' and gazump the tender winner, provided they match the winning bid. Companies can exercise this right if they previously held development rights for projects which were unsuccessful in the 2017/2018 transitional tenders and if at least 50% of their project overlaps with the new tender area.

This rule has been introduced as a compensation measure for developers who lost investment in projects when the offshore wind framework switched to the central tender model.

Northland Power (85%) and RWE (15%) previously held rights for the Nordsee Two project which is within the same area of N-3.8. Through development company Nordsee Two GmbH, Northland Power plan to exercise its 'step in right' in this year's tender.

Kapellmann are assisting Nordsee Two GmbH with legal advice relating to the tender, public law approval, and the drafting and negotiation of the project contracts.

“We are very pleased to have a strong partner for the upcoming tasks at our side in the Kapellmann team. After the successful cooperation on the Nordsee One project, it was very important to us to involve Kapellmann in the project preparation at an early stage, ”says the managing director of Nordsee Two GmbH, Tim Kittelhake.

Northland Power plan to use synergies with its sister Nordsee Three project which also holds an 'entry right' for the N-3.5 tender in 2023.

For this years tenders Iberdrola also plans to exercise its entry right for the O-1.3 tender area where it was previously developing the Windanker project. Based on this the real competition to be seen this year will be for N-3.7.

This story was first reported exclusively for 4C Offshore subscribers. For more information, click here
For more information on offshore wind farms worldwide, click here.

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Northland Power contracts Kapellmann for Nordsee Two

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