Parkwind, Ingka Investments and NorSea team up for the Norwegian Sørlige Nordsjø II offshore wind project
The Ventyr offshore wind consortium has today submitted the application to prequalify for the development of the Sørlige Nordsjø II area in the Norwegian North Sea.
It is also announced that Ingka Investments, the investment arm of Ingka Group – the largest IKEA Retail operator – is to join the Ventyr consortium, taking a 49 percent stake. The Ventyr consortium was first established as a partnership between Belgian offshore wind developer and operator Parkwind and the Norwegian energy service company NorSea.
Driven by a clear commitment to help advance Norwegian renewable energy, Ingka Investments and the Belgian offshore wind developer and operator Parkwind have joined forces in the Ventyr consortium. Both partners have a long history in innovative and sustainable development of offshore wind and present a strong and ambitious combination of technical expertise and experience, financial strength and a long-term strategy.
After Ingka Investments enters the consortium, NorSea will remain a core partner in the Ventyr consortium providing a wide range of services to the owners Ingka Investments and Parkwind as they further strengthen their ambitions to develop the consortium into a successful player in Norwegian offshore wind.
For Ingka Investments this partnership is part of a EUR 6.5 billion initiative to support 100 percent renewable energy consumption across the IKEA value chain and beyond. Ingka Investments has invested and committed EUR 4 billion into renewable energy projects to date.
The consortium will now seek to progress their bid in the Sørlige Nordsjø II tender process to develop, build and operate the first large-scale bottom fixed offshore windfarm in Norway with a capacity up to 1.5 GW. The Sørlige Nordsjø II area is located in located in the south of the Norwegian North Sea.
