RWE Supply & Trading will purchase the full output from a 54MW Dutch wind developed by Waddenwind, a group of local farmers in the province of Groningen.
RWE Supply & Trading will market both the electricity and the associated guarantees of origin to its large industrial and municipal customers.
The first wind turbines, located near Eemshaven, will start generating electricity in early 2021 and the complete 12-turbine wind farm is scheduled to be fully operational as of January 2022.
RWE Supply & Trading commodity solutions head Hendrik Niebaum said: “Concluding this power purchase agreement with Waddenwind underlines our role as a strong partner for operators of renewables plants, when it comes to market green electricity.
“Furthermore, we also secure attractive volumes of renewable electricity to meet the increasing demand for tailor-made corporate-PPA solutions from our industrial and municipal customers, supporting them in achieving their climate targets.”
Topwind, a consultancy, conducted the turbine purchasing process, project financing and the electricity sales, on behalf of Waddenwind.
RWE Supply & Trading supplies large customers directly with green electricity via PPAs, including Deutsche Bahn and Bosch.
Since spring 2020, RWE Supply & Trading has also been marketing the electricity and guarantees of origin generated by the Belgian Northwester 2 offshore wind farm.