Skyborn Renewables has acquired all shares in the 111MW Nordergründe offshore wind farm in Germany, taking full ownership of the project.
Before this transaction, Skyborn held a 30% stake in Nordergründe, with the remaining 70% owned by different investors
Located in the German North Sea, the Nordergründe offshore wind farm began operations in 2017 and comprises 18 turbines. It produces enough renewable electricity to power around 90,000 households. The site has been part of Skyborn’s portfolio since the early development phase, with the company acting as construction manager and remaining involved throughout its operation.
With this transaction, Skyborn assumes full responsibility for operating and managing Nordergründe as the wind farm enters a new phase that requires increased operational focus. The company plans to bring more core operational functions in-house, allowing for more direct management and investment decisions in line with its infrastructure platform approach. It also aims to internalise key operational functions for increased flexibility and efficiency.