Work transitions from Vattenfall to RWE as Norfolk Offshore Wind Zone developed

March 29, 2024
Vattenfall and RWE have concluded sale of the Norfolk Offshore Wind Zone.

Offshore staff

LONDON Vattenfall has completed the sale of the Norfolk Offshore Wind Zone to RWE for £963 million ($1.2 billion).

Vattenfall says the deal ensures continued development of the Norfolk Zone, which will produce clean power for more than four million homes across the UK. 

The Norfolk Offshore Wind Zone comprises three fully consented wind farms: Norfolk Boreas, Norfolk Vanguard West and Norfolk Vanguard East. At 4.2 GW, it will be one of the largest offshore wind developments in the world, according to Vattenfall. 

Following 13 years of development, the projects have secured seabed rights, grid connections, development consent orders and other main permits.

It was first announced a few months ago that RWE agreed to acquire the entire UK Norfolk Offshore Wind Zone portfolio in the southern North Sea from Sweden’s Vattenfall.