Developer profile

Parkwind

outlook pending Leuven, Belgium

About

synthesis · audited 2026-08 as of 2026-07

A Belgian offshore developer that built out a substantial share of the Belgian North Sea concession zone before being acquired by the Japanese group JERA, and since 2025 it has sat within JERA Nex bp, JERA's 50:50 offshore wind venture with bp. Its home market is small and now largely built, so its growth depends on exporting that experience, and it works on projects in Europe and beyond under its new owners.

16 yrs
In the waterfirst COD 2010
6
Projects4 countries
0.68 GW
Delivered & operating4 projects, net of stake
75%
On-time deliveryacross 4 projects with a dated COD trail

On-time delivery compares each project’s first announced completion date with its latest. Directional — a developer’s share of a project is traced through joint ventures, and the sample is small.

Outlook

Stated target
Target discontinued / none stated
Return discipline

Portfolio

6 held + 1 exited · live stages first, exits last
Operational · 0.68 GW (4)Advanced Development · 0.77 GW (1)On Hold · 0.17 GW (1)

Capacity is net of ownership stake — a 50% JV counts half. Gross exposure (full nameplate of every project held): 2.81 GW.

ProjectCountryStageMWStakeNet MW
Arcadis Ost 1 Germany Operational 257 100% 257
Northwester 2 Belgium Operational 219 100% 219
Nobelwind Belgium Operational 165 80.1% 132
Belwind↓ farmed down Belgium Operational 165 41% 68
Sørlige Nordsjø II (Phase 1) Norway Advanced Development 1500 51% 765
Clogherhead Offshore Wind Farm Ireland On Hold 500 35% 175
Northwind Belgium Divested 2013-07 216 30% sold

Divested & farmed down

every recorded sale by this developer · newest first
AnnouncedProject / portfolioTypeStake sold€mBuyer
2013-07 Belwind farmdown 39.02% Sumitomo Corporation
2013-07 Northwind farmdown 30% Sumitomo Corporation

Ownership history comes from the deal ledger — the portfolio above is the CURRENT snapshot only. "Joint" stakes are the consortium total (per-seller split not disclosed) and are excluded from the stake-weighted GW figure.