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Luxcara Reserves Siemens Gamesa Turbines for 1.5 GW Waterekke Offshore Wind Project
Luxcara has signed a capacity reservation agreement with Siemens Gamesa for 97 turbines with a capacity of 15.5 MW each to be deployed at its 1,500 MW Waterekke offshore wind project in the German North Sea, slated for completion by 2029.
August 30, 2025. By Mrinmoy Dey

Luxcara, a Hamburg-based asset manager for clean energy infrastructure projects, has signed a capacity reservation agreement with Siemens Gamesa for the 1,500 MW Waterekke offshore wind project, to be built in the German North Sea by 2029.
It covers the delivery of 97 turbines, each with a capacity of 15.5 MW (including power boost). The agreement with Siemens Gamesa was concluded following an international tender, the company said in a statement.
After the award of the Waterekke offshore wind project, Luxcara also began investigating synergies with the neighbouring Waterkant project (approximately 300 MW) in the interests of an economically viable energy transition.
Luxcara now sees potential in bundling procurement processes and contract awards, as well as in joint installation campaigns and coordinated operations. Given the advanced stage of the Waterekke project and the possibility of operational integration between the two projects, Luxcara is currently examining the use of Siemens Gamesa turbines for the smaller Waterkant project as well. For this option, Luxcara has additionally reserved 19 turbines of the same type, the company said.
Holger Matthiesen, Managing Director of the two project companies, says, “Our primary goal is to successfully implement the energy transition. This includes investing in financially sound projects and reliably implementing them with low risk in collaboration with our partners. With the award of our 1.5 GW Waterekke project in late summer 2024, we reached an important milestone, and we are pleased to have reserved 97 wind turbines from Siemens Gamesa for this project alone. To explore possible synergies, we are examining the possibility of using Siemens Gamesa turbines for the neighbouring Waterkant project as well. This would enable us to coordinate the development, construction, and operation of both projects more closely.”
The approval documents for the Waterekke project were submitted to the Federal Maritime and Hydrographic Agency (BSH) on time. The considered turbine change in Waterkant has been addressed with the relevant approval authorities and the Federal Ministry for Economic Affairs and Energy, and the project partners have been informed, the company said.
It covers the delivery of 97 turbines, each with a capacity of 15.5 MW (including power boost). The agreement with Siemens Gamesa was concluded following an international tender, the company said in a statement.
After the award of the Waterekke offshore wind project, Luxcara also began investigating synergies with the neighbouring Waterkant project (approximately 300 MW) in the interests of an economically viable energy transition.
Luxcara now sees potential in bundling procurement processes and contract awards, as well as in joint installation campaigns and coordinated operations. Given the advanced stage of the Waterekke project and the possibility of operational integration between the two projects, Luxcara is currently examining the use of Siemens Gamesa turbines for the smaller Waterkant project as well. For this option, Luxcara has additionally reserved 19 turbines of the same type, the company said.
Holger Matthiesen, Managing Director of the two project companies, says, “Our primary goal is to successfully implement the energy transition. This includes investing in financially sound projects and reliably implementing them with low risk in collaboration with our partners. With the award of our 1.5 GW Waterekke project in late summer 2024, we reached an important milestone, and we are pleased to have reserved 97 wind turbines from Siemens Gamesa for this project alone. To explore possible synergies, we are examining the possibility of using Siemens Gamesa turbines for the neighbouring Waterkant project as well. This would enable us to coordinate the development, construction, and operation of both projects more closely.”
The approval documents for the Waterekke project were submitted to the Federal Maritime and Hydrographic Agency (BSH) on time. The considered turbine change in Waterkant has been addressed with the relevant approval authorities and the Federal Ministry for Economic Affairs and Energy, and the project partners have been informed, the company said.
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