- Skyborn becomes sole owner of the 111 MW Nordergründe offshore wind farm in Germany
- Strategic step reinforcing Skyborn’s integrated infrastructure platform model across the full value chain
- Nordergründe’s operational turnaround showcasing Skyborn’s expertise for creating long-term value creation of a mature asset
Skyborn Renewables has successfully completed the acquisition of 100% of the shares in the Nordergründe offshore wind farm in Germany, becoming the sole owner of the asset. Previously, Skyborn owned 30% of Nordergründe’s shares while 70% were held by other investors.
Commissioned in 2017 and located in the German North Sea, the Nordergründe offshore wind farm has a total installed capacity of 111 MW, generated by 18 turbines. The project produces enough renewable electricity to supply around 90,000 households.
With this transaction, Skyborn further strengthens its position as a fully integrated offshore wind infrastructure platform, covering the entire value chain from development and construction to long-term ownership and operation.
A strategic step aligned with Skyborn’s infrastructure platform model
Nordergründe is a long-standing part of Skyborn’s portfolio, having played a central role in the company’s history since its development phase. Skyborn acted as construction manager for the project and has remained closely involved throughout its lifecycle.
The full acquisition marks a natural evolution of Skyborn’s long-term strategy to develop, build, own and operate offshore wind assets in core markets. By becoming the sole owner, Skyborn gains full control over the optimisation and long-term management of the asset at a time when Nordergründe is entering a new phase requiring streamlined decision-making and targeted investments to maximise performance. This includes the progressive internalisation of key operational capabilities, further strengthening Skyborn’s ability to manage the asset with greater flexibility, efficiency, and long-term value creation in line with its integrated infrastructure platform strategy.
Nordergründe represents an operational turnaround and a key milestone in Skyborn’s evolution as an end-to-end offshore wind platform, building on the financial turnaround of Yunlin in Taiwan and the development turnaround of Gennaker in Germany.
Earlier this month, Skyborn signed a long-term integrated service contract with Wind Multiplikator for the Nordergründe offshore wind farm, supporting the long-term operation and maintenance of the project. This setup consolidates operations under a unified framework, enhancing efficiency and ensuring sustained asset performance over time.
According to Patrick Lammers, Chief Executive Officer of Skyborn Renewables:
'This transaction is fully aligned with our strategy to be a leading offshore wind infrastructure platform – developing, building, owning and operating assets over the long term. Taking full ownership of Nordergründe allows us to apply our integrated approach to optimise performance and create long-term value. Following the successful turnaround of Yunlin and the progress of Gennaker, Nordergründe marks our next step – demonstrating our ability not only to deliver projects, but to enhance and operate them sustainably over time.'
Source: Skyborn Renewables
