SSE Renewables has partnered with Canadian investment firm Brookfield Asset Management to jointly bid for the Hollandse Kust (west) offshore wind farm zone, which is currently being developed in the Netherlands.
Located around 53km from the Dutch coast, the Hollandse Kust (west) zones are being auctioned for the development of two individual sites, each with 700MW of capacity.
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The 50/50 partnership will combine SSE Renewables’ experience in offshore wind farm development with Brookfield’s knowledge of contracting long-term offtake agreements.
SSE Renewables has 4GW of combined renewable capacity in the UK and Ireland. Of this, 2GW consists of onshore wind capacity and 0.5GW is offshore wind capacity, with hydropower accounting for the remaining 1.5GW.
By 2026, the company intends to double its renewable capacity to 8GW, further increasing this to 13GW by 2031.
SSE Renewables International Markets project director Dennis Breugelmans said: “I am delighted that we are partnering with Brookfield Renewable on this project given their significant operating experience and their wider investments in the Netherlands.
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By GlobalData“Both partners are experienced innovators and committed to ensuring that offshore wind is developed in harmony with the surrounding ecosystem.”
Brookfield Renewable operates hydroelectric, wind, solar and storage facilities across North America, South America, Europe and Asia, with around 21GW of installed capacity.
The company claims to own one of the world’s largest publicly traded, pure-play renewable power platforms.
Brookfield Renewable managing partner Natalie Adomait said: “The joining of our commercial capabilities with SSE Renewables’ experience in developing, constructing and operating offshore wind presents a strong partnership in the Netherlands.
“We view the Netherlands’ focus on innovation as a positive for the industry, which will drive greater uptake of clean energy for regional businesses.”
Earlier this month, SSE Renewables entered an agreement with Siemens Gamesa Renewable Energy to purchase its European renewable energy development platform for $627m.
