SSE Renewables and APG Aims for Development of Large-Scale Offshore Wind Energy Project in Dutch North Sea

SSE Renewables and APG have formed a consortium for participation in the upcoming 4GW IJmuiden Ver offshore wind farm zone tenders.

SSE Renewables and APG, acting on behalf of Dutch pension fund ABP, aim for development of a large-scale offshore wind energy project in the Dutch North Sea.

Both companies view the Netherlands as a leading market for offshore wind development, supported by ambitious targets and a strong focus on innovation.

The IJmuiden Ver tenders are for the award of permits to develop the four individual 1GW sites within the IJmuiden Ver Zone located approximately 62km off the Dutch coast. The four tenders will have a clear focus on ecological protection and enhancement in the North Sea as well as on optimal integration into the Dutch energy system.

The 50/50 joint venture combines SSE Renewables’ experience in developing, constructing and operating offshore wind farms with APG’s substantial investment experience in renewables and energy transition as well as its strong roots in Dutch society.

"I am delighted that we are partnering with APG through Noordzeker, on the upcoming IJmuiden Ver offshore wind farm zone tenders, given their significant operating experience and their wider investments in the Netherlands. Both partners are experienced innovators and committed to ensuring that offshore wind is developed in harmony with the surrounding ecosystem", said Stephen Wheeler, Managing Director, SSE Renewables.

Peter Branner, Chief Investment Officer, APG, said : "We are very excited to partner with SSE Renewables for the IJmuiden Ver tenders next year. Their experience and expertise in participating in these tenders, constructing the assets and operating a very sizable, worldwide portfolio of offshore wind farms make them the ideal partner for APG. The consortium partners are committed to invest a large amount of capital to support the Dutch energy transition, with particular focus on ecological innovation and integration into the broader energy system. The partnership is the first step of many in realizing ABP’s ambitions through its Noordzeker initiative."