Consortium signs realization agreement with TenneT for Dutch offshore grid connection
The consortium of pension fund ABP, pension investor APG and wind energy developer SSE has signed a Realization Agreement with Transmission System Operator TenneT for the Dutch offshore grid connection of the IJmuiden Ver Alpha wind farm.
The wind farm will be built more than 60 km off The Netherlands coast as the first offshore wind farm to be connected by TenneT according to the new 2-GW direct current standard, and it is expected to be commissioned by the end of this decade.
The Realization Agreement enables the development and construction of the physical grid infrastructure required to connect the wind farm to the Dutch high-voltage grid.
Generated electricity from the wind farm will come ashore in Borssele and will be converted to alternating current at a converter station so that the power can be transported on the high-voltage grid to end users. TenneT’s offshore grid connection is expected to be operational by the end of 2029.
The consortium of ABP/APG and SSE Renewables won the tender for the development of IJmuiden Ver Alpha wind farm, an offshore wind farm with an installed capacity of 2 GW, in June 2024.
