RWE, EDP and Macquarie-led group to place bid for Dutch offshore

Germany’s RWE Innogy, Spain’s EDP Renewables and Australia’s Macquarie Capital have created a group to place their bid in the forthcoming offshore wind tender processes to be held in the Netherlands.

In the first round of auction, the group expects to bid for Borssele I and II, which, together, has a capacity of 700MW.

Borssele I and II’s first tender process is expected to start from December, this year, which comes to an end by next year.

RWE Innogy chief executive officer Hans Bünting said: "The formation of this consortium is an important step on the way to participate in the upcoming tender process in the Netherlands.

"Macquarie Capital’s outstanding financial skills and strength and EDP Renewables offshore wind experience complement perfectly our knowledge and experience in the development, construction and operation of offshore wind farms as Europe’s third largest offshore wind farm operator.

"This strong and experienced consortium is committed to prepare for submitting a competitive bid and to win the tender process for Borssele I and II."

The consortium expects to receive financial advises from Macquarie Capital.

In the next five years, the Dutch government will call for five big offshore wind energy tenders to increase the country’s energy by 3,500MW coming up in Netherlands. Each of the sites will have a capacity of 700MW, which is further being divided into two with a capacity of 350MW each.

The energy sites are located within three designated zones including Borssele, South-Holland Coast and North-Holland Coast.

Macquarie Capital Europe infrastructure, utilities and renewables head Mark Dooleysaid: "Macquarie Capital has made a strong move into other European offshore wind markets and our long standing presence in the Dutch infrastructure and utilities markets positions us well for these projects."

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Source:

http://www.edpr.com/media/news/?id=45611