TGS | Powered by 4C Offshore

4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.


Learn what this means for you!

Partners Group to sell a 20% in Dutch wind farm

4C Offshore | Tom Russell
By: Tom Russell 16/09/2022 Partners Group
Partners Group announced it has agreed to sell a 20% stake in the  Borssele 3&4 offshore wind farm off the Dutch coast to Swiss Life Asset Managers. 

The wind farm, which comprises 77 wind turbines on monopile foundations with an installed capacity of 731.5MW, is expected to produce enough power to provide approximately 825,000 households in the Netherlands with renewable electricity and make up 2.3% of the country’s total electricity demand. It is located 55 kilometers from the Port of Vlissingen in the Netherlands its other shareholders are Shell (20%), Eneco (10%), INPEX (15%), and Luxcara (10%). 

David Daum, Managing Director, Private Infrastructure Europe, Partners Group, said: "Through our thematic investing approach, we identified offshore wind at the right time as a key contributor towards achieving global net-zero goals in a high growth market. We invested in Borssele before construction had started, contributed to the set-up of an independent organisation to handle daily operations, and guided the project through difficult conditions during the COVID pandemic to full operational status. Borssele now generates the equivalent of 2.3% of Dutch electricity demand."

Completion of the transaction is subject to customary regulatory approvals. Partners Group was advised by Rothschild & Co as its financial advisor and Clifford Chance LLP as its legal advisor.


For more information on offshore wind farms worldwide, click here.

Premium

4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

Trending News!