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Norges Bank Investment Management new partner RWE

Monday, March 31 2025

Wind Energy – Partner and Co-Investor

CEO Sven Utermöhlen announced that RWE Offshore Wind has signed an agreement with Norges Bank Investment Management (NBIM) as its new partner and co-investor for the Nordseecluster and Thor offshore wind projects.

NBIM will acquire a 49% stake in both projects with a total combined capacity of 2.7 gigawatts.  

Both projects are currently under construction and progressing as planned.

At the Thor wind farm, RWE expects the first turbine installation in the next couple of months. Commissioning is planned for 2027.

The Nordseecluster project is being built in two phases, with commissioning scheduled for 2027 and 2029.

Related posts:

  1. RWE green lights 1.6 GW Wind Farm for Germany’s North Sea
  2. Van Oord wins contract for Nordseecluster OWP
  3. Start offshore construction on Thor OWF
  4. GWS gains installation contract for RWE’s Thor OWF

Filed Under: co-investor, International projects, NBIM, Nordseecluster, Partnership, RWE, Thor Tagged With: co-investor, NBIM, Nordseecluster, partnership, RWE, Thor

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