The companyNordsee One GmbH is incorporated in Hamburg (Germany) and owned 85% by Northland Power Inc. and 15% by RWE.
The purpose of the Company is to develop, finance (through shareholders' equity and non-recourse project finance), construct and operate the Nordsee One wind farm, a 332MW offshore wind project located in the German North Sea. The wind farm is constructed around 45km from the coast of Germany in an area with an annual mean wind speed of 9.8m/s and water depths of between 26m and 29m.
Nordsee One GmbH does not own any assets not associated with undertake any business not associated with the continuing operations of the wind farm.
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