He Dreiht

Winner of the first competitive German offshore auction (Bundesnetzagentur, 2017) with a subsidy-free zero bid.

Status
Under Constructionlifecycle stage
Near certainHafrok delivery likelihood
Ownership
EnBW — 50.1% ◆
ACAllianz Capital Partners — 16.6% ◆
AMAIP Management — 16.6% ◆
Location
Germany
North Sea
Technology
Capacity 960 MW ◆ Turbines 64 × 15 MW ◆ Model Vestas V236 15-0 ◆ Foundation Monopile ◆
Site & conditions
Site rights Seabed rights held ∴
Origination BNetzA Offshore Wind Auction 2017 (transitional) · 2017 ·
Water depth 37.7–40.6 m ◆ Distance from shore 90 km ◆ Wind speed 10.3 m/s @ 150 m ≈
Revenue & grid
Offtake PPA ◆ Grid Secured · Apr 2017 ◆ Connection BorWin5 HVDC converter platform (TenneT), 900 MW grid … ◆
Schedule
FID Mar 2023 ◆ COD · announced 2026-H2 ◆
COD · Hafrok for registered readers

Delivery outlook modelled by Hafrok · calibrated on delivered projects

Near certainHafrok's delivery likelihood for He Dreiht
The developer says 2026-H2. Hafrok's year agrees with that date; the year, the chance and the working are for registered readers.
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Project timeline & ownership verified milestones on the spine · ownership from Hafrok's transactions record

5 dated milestones on the spine, each with its source · 2 recorded ownership deals from Hafrok's transactions record · the developer's announced-COD history
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Revenue & offtake contract terms, price levels and the route to market

the contract terms on record · price over time in money of the day · the routes to market and the next visible round
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Installation how the build is going · from sourced statements and Hafrok's registers

construction status and turbines standing · vessel and port contracts · the grid connection and whether it is ready in time
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Sources & verification

Rests on 15 sources (16 primary) · ◆ 12 documents held
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Regulator2
[1]
Bundesamt fuer Seeschifffahrt und Hydrographie (BSH)2022-12-20◆ Planfeststellungsbeschluss Offshore-Wind…
“Az: 5111/EnBW He Dreiht/PFV Hamburg, den 20.12.2022 [...] vorgelegte Plan für die Errichtung und den Betrieb des Offshore -Windenergieparks (im Folgenden: OWP) „ EnBW He Dreiht “ in der ausschließlich…”
supportsConsentTurbinesUnit capacityFoundationStatus+4 more
[22]
Bundesnetzagentur — Marktstammdatenregister2026-08-23◆ Marktstammdatenregister (MaStR) offshore…
“Park row "EnBW He Dreiht": 64 units, 960.0 MW gross, statuses {'In Betrieb': 49, 'In Planung': 15}, operators ['EnBW He Dreiht GmbH & Co. KG'], commissioned 2025-11-25..2026-07-15, planned 2025-12-01.…”
supportsRegister entry
Operator9
[2]
EnBW2023-03-23◆ Way cleared for 960 MW offshore wind far…
“Final investment decision made / 960-megawatt major project to be realized without state subsidies as one of the world’s first zero-cent bids in an offshore auction [...] Yesterday's final investment …”
supportsFinal investment decisionStatusConnection point
[3]
EnBW◆ EnBW wind farm He Dreiht | EnBW
“By summer 2026, all 64 wind turbines are scheduled to go onstream, with an installed capacity of 960 MW. The wind farm is located around 90 kilometers northwest of the island of Borkum and 110 kilomet…”
supportsTurbinesModelUnit capacityTotal capacityFoundation+7 more
[6]
EnBW2024◆ EnBW has installed all 64 foundations of…
“A significant milestone has been reached in the construction of He Dreiht, currently Germany’s largest offshore wind farm: EnBW has installed all 64 foundations in the North Sea as scheduled. Heerema’…”
supportsOffshore constructionThialf — foundation installation
[14]
Heerema Marine Contractors2024-05-25
"This week, Heerema's SSCV Thialf successfully installed the first three monopile foundations and transition pieces at EnBW's He Dreiht offshore wind farm." ... "A further 61 monopiles and transition …
supportsOffshore construction
[16]
EnBW Energie Baden-Württemberg AG2026-03◆ EnBW Integrated Annual Report 2025
“At the end of November 2025, the first kilowatt-hours of power from the first wind turbine flowed into the grid. In January 2026, we reached the halfway stage with 32 of 64 wind turbines installed. ..…”
supportsCommercial operation
[17]
Cadeler2026-08-12◆ Cadeler installs final turbine at he dre…
“Copenhagen, 12 August 2026 – Cadeler has completed the final turbine installation at the 960 MW He Dreiht Offshore Wind Farm in the German North Sea. The final turbines were installed by Wind Keeper, …”
supportsWind Orca — turbine installationWind Keeper — turbine installation
[18]
EnBW2026-06◆ EnBW — enbw factbook 2026
“H2 2026”
supportsCommercial operationCOD history
[20]
EnBW2026◆ EnBW — six monthly financial report 6m 2…
“At the EnBW He Dreiht offshore wind farm, we have reached another milestone: 59 of the 64 wind turbines were already installed by the end of June 2026. With an total output of 960 MW, the wind farm wi…”
supportsStatus note
[23]
EnBW2026-09-17◆ Inauguration of He Dreiht wind farm: Ger…
“EnBW Energie Baden-Württemberg AG (EnBW), Allianz, AIP Management and Norges Bank Investment Management have inaugurated the He Dreiht offshore wind farm in the presence of Federal Environment Ministe…”
supportsoperator
Financier1
[13]
European Pensions2023
"Each will pay approximately EUR 430m for a 16.6 per cent ownership interest" — NBIM, Allianz Capital Partners and AIP Management jointly acquire 49.9% of He Dreiht; "EnBW will remain co-owner and ope…
supportsfinancial_investor
OEM1
[10]
Vestas2023-09-29◆ He Dreiht 960 MW firm order PR
“Vestas has secured a 960 MW firm order for the flagship offshore wind turbine V236-15.0 MW.”
supportsTurbinesModelUnit capacity
Trade press2
[9]
offshoreWIND.biz2025-11-26◆ First Power Flows from EnBW’s 960 MW He …
Press report — cited, not quoted; read it at the source link.
supportsFirst power
[15]
DTU Wind Energy / World Bank (Global Wind Atlas)2026
supportsMean wind speed
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