Blauwwind

📍 Rotterdam, Netherlands🗓 Founded 2016👥 17 employees💰 Last funded Jun 2019
Renewables & Environment🌐 blauwwind.nl
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On 12 December 2016 the Blauwwind Consortium was awarded by the Dutch government the right to develop, construct and operate the Borssele III and IV offshore wind farms under a 30-year lease and assumed 25-year operational life after construction. The wind farms will be located 22 kilometres off the coast of the province of Zeeland in The Netherlands. TSO TenneT will build the grid connections and construct the offshore substation in the wind farm zone. The wind farms will use V164 9.5MW turbines made by MHI Vestas. The consortium partners are Partners Group (45%), Shell (20%), DGE (15%), Eneco Group (10%) and Van Oord (10%). Shell and Eneco Group have also secured 15-year Power Purchase Agreements (PPAs) from the Consortium, under which each will buy 50% of the power generated by the wind farms. Van Oord will execute the “Balance of Plant” for the project, consisting of the engineering, procurement and construction of the foundations and inter array cables. The offshore substation Borssele Beta will be designed and constructed by TenneT. During the first 15 years of operation, Blauwwind will receive a guaranteed price of €54.49/MWh under the Dutch SDE+ scheme, after which the power will be sold at prevailing rates in the wholesale power market. The project capex for the construction phase is €1.3 billion, part of which will be funded through project finance.
3
Total investors
1
Early stage
2
Mid stage
0
Late stage
2016
Founded

Investors

3 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Switzerland
2
Investor activity2018–2019 · investors recorded per year
2018120192
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Blauwwind?
Blauwwind has 3 investors on record on gritt.io, including 1 early-stage backers, 2 mid-stage.
When did Blauwwind last raise funding?
The most recent investment in Blauwwind recorded on gritt.io was in June 2019.
When was Blauwwind founded?
Blauwwind was founded in 2016.
What industry is Blauwwind in?
Blauwwind operates in Renewables & Environment. Find similar Renewables & Environment investors on gritt.io.
Where is Blauwwind based?
Blauwwind is headquartered in Rotterdam, Netherlands.