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Parkwind takes control of Arcadis project

4C Offshore | Matthew White
By: Matthew White 03/05/2018 Parkwind NV
Parkwind NV, an independent offshore wind developer, has acquired 100% of KNK GmbH, the owner of the Arcadis Ost 1.

Parkwind NV is a Belgian company investing, developing, building and operating offshore wind farms since 2009. Parkwind currently operate three other wind farms in the Baltic sea: Belwind, Northwind and Nobelwind - totalling up to 546 MW. A fourth Belgian project, Northwester 2, targets financial close in 2018 and to be fully operational in early 2020.

Eric Antoons and François Van Leeuw, co-CEO’s of Parkwind: “We are delighted to take our first steps in the German offshore market, a pioneering country with a strong investment climate. We are looking forward combining our expertise with the experience of all relevant stakeholders in this market in making this project a success.

After the acquisition of Oriel in 2017, this is our second step of many to come in growing Parkwind internationally. Together with Northwester 2, Parkwind has now established a development pipeline of 800 MW and aiming for more. We are constantly on the lookout for challenging projects and for the right partners to make them happen. Strong partnerships, in combination with our value proposition, have proven to be a successful formula in this increasingly competitive sector.”


Heinrich Bettelhäuser, CEO of WV Energie AG: “We thank Parkwind for the great and straightforward cooperation in the last months to prepare a competitive bid for the German auction.”

The 58 turbine, 247MW Arcadis Ost 1 wind farm will generate enough energy to power 290,000 households. The project is located approximately 19km northeast of the island Rügen, within the 12-nautical mile zone.

For more information follow the links provided.

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