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Vattenfall Secures Financing for Nordlicht Offshore Wind Development in Germany

WIND ENERGY

The Nordlicht offshore wind development in Germany has secured key financing, achieving Full Final Investment Decision (FID) on January 13, 2026, for Nordlicht 1 and Nordlicht 2. These wind farms will have a combined capacity of 1.6 GW and are expected to generate 6 TWh of clean electricity per year, sufficient for 1.6 million households.

The project received an irrevocable permit from the German Federal Maritime and Hydrographic Agency. Vattenfall partnered with Vestas to order 68 V236-15.0 MW turbines for Nordlicht 1. Financing details remain undisclosed but involve agreements with major banks and export credit agencies.

Vattenfall Secures Financing for Nordlicht Offshore Wind Development in Germany
Mar 10, 2026, 6:12 AM

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