PEAK Wind celebrates its role in supporting KIRKBI A/S (31.5%) and William Demant Invest A/S (18.5%) during the divestment process of their combined 50% ownership stake in the German offshore wind farm Borkum Riffgrund I. This strategic move underscores the importance of technical expertise in navigating complex transactions within the renewable energy sector.
PEAK Wind’s dedicated team provided a comprehensive suite of due diligence services, led by Alexander Bækkegaard Stegelmann. These critical assessments included: OPEX Lifecycle Modeling, Asset Integrity and Lifetime Extension Assessment and Availability Estimation.
Borkum Riffgrund I stands in the North Sea, approximately 55 kilometres off the northwestern coast of Germany. With a capacity of 312 megawatts (MW), this offshore wind farm contributes significantly to Germany’s renewable energy goals.
The divestment process is well underway, and the official closure of the transaction is expected in Q2 2022. PEAK Wind congratulates all parties involved and eagerly awaits the successful conclusion of this landmark deal.
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