Skyborn becomes sole owner of Nordergründe offshore windfarm

Previously, Skyborn owned 30% of Nordergründe’s shares while 70% were held by other investors.

Commissioned in 2017 and located in the German sector of the North Sea, the Nordergründe offshore windfarm has a total installed capacity of 111 MW, generated by 18 turbines.

Skyborn said that, with the transaction, it has strengthened its position as a fully integrated offshore wind infrastructure platform, covering the entire value chain from development and construction to long-term ownership and operation.

Nordergründe is a long-standing part of Skyborn’s portfolio, having played a central role in the company’s history since its development phase. Skyborn acted as construction manager for the project and has remained closely involved throughout its lifecycle. 

“The full acquisition marks a natural evolution of Skyborn’s long-term strategy to develop, build, own and operate offshore wind assets in core markets,” the company said.

“By becoming the sole owner, Skyborn has gained full control over the optimisation and long-term management of the asset at a time when Nordergründe is entering a new phase, requiring streamlined decision-making and targeted investments to maximise performance. 

“This includes the progressive internalisation of key operational capabilities, strengthening Skyborn’s ability to manage the asset with greater flexibility, efficiency, and long-term value creation in line with its integrated infrastructure platform strategy.

“Nordergründe represents an operational turnaround and a key milestone in Skyborn’s evolution as an end-to-end offshore wind platform, building on the financial turnaround of Yunlin in Taiwan and the development turnaround of Gennaker in Germany.”

Earlier this month, Skyborn signed an integrated service contract with Wind Multiplikator for the Nordergründe offshore windfarm, supporting the long-term operation and maintenance of the project. This units operations under a unified framework, enhancing efficiency and ensuring sustained asset performance over time.