Wikinger offshore wind farm in the Baltic sea
Wikinger, an offshore wind farm located in the Baltic Sea, is a significant venture that marked Iberdrola’s entry into the German electricity market. The wind farm, which began operations in 2018, is equipped with 70 AD 5-135 turbines. Standing at a total height of 165 meters, these turbines contribute 350 megawatts of capacity to the German power grid, providing efficient renewable energy to 350,000 homes and displacing nearly 600,000 tons of carbon dioxide emissions per year.
The construction of Wikinger was a complex process involving multiple phases, including the installation of 280 piles into the seabed, the commissioning of an offshore substation, the installation of underwater cables, and the installation of the turbines themselves. This project was made possible by a multinational team of over 2,000 employees from 20 different countries, overcoming technological challenges and extreme weather conditions in the Baltic Sea.
In September 2022, Iberdrola signed an agreement with Energy Infrastructure Partners to sell a 49% stake in Wikinger for a total of €700 million. This transaction valued Wikinger at approximately €1.4 billion and allowed EIP to become a new partner in this renewable facility, while Iberdrola continues to hold a majority stake of 51% and manage the asset.
Wikinger is a flagship project for Iberdrola, embodying the company’s commitment to renewable energies, emission reduction, technological innovation, international growth, and the opening of new markets. It has consolidated Iberdrola’s position as a leading company in renewable energy in Europe and has boosted the entire supply chain, benefiting companies across Europe.
Impressive capacity
Wikinger’s 70 AD 5-135 turbines contribute 350 megawatts of capacity to the German power grid, powering the equivalent of 350,000 homes.
Advantageous offtake arrangements
Wikinger operates under Germany’s feed-in tariff regime, allowing the wind farm to sell its power at market prices whenever they exceed the tariff, offering a unique advantage in the renewable energy market.
Innovative construction
The construction of Wikinger involved a complex, multi-phase process, overcoming technological challenges and extreme weather conditions, setting new industry standards in offshore wind farm development.
Significant carbon dioxide savings
Wikinger’s operation displaces nearly 600,000 tons of carbon dioxide emissions per year, significantly contributing to Germany’s green energy ambitions and global carbon reduction efforts.
