N-9.3 (Waterekke)

106 km2 site, 85 km northwest of Helgoland. Luxcara won based on project timeline commitment. Grid connection 2029.

Status
Early Developmentlifecycle stage
ProspectiveHafrok completion outlook
Ownership
LULuxcara — 100% 
Location
Germany
North Sea
Technology
Capacity 1,500 MW 
Turbines
Foundation
Site & conditions
Site rights Seabed rights held 
Origination BNetzA Offshore Wind Auction 2024 (central model, qualitative) · 2024 ·
Water depth 38–42 m  Distance from shore 85 km  Wind speed 10.4 m/s @ 150 m 
Revenue & grid
Offtake Merchant  Grid Offered  Connection TenneT (German North Sea TSO) 
Schedule
FID Not taken
COD · announced 2029 
COD · Hafrok 2033 expected

Delivery outlook modelled by Hafrok · calibrated on delivered projects

2033
expected year of commercial operation
The developer says 2029; Hafrok expects 2033 — 4 years later.
Chance of delivery
≈58% estimated chance this project reaches commercial operation
Early Development projects complete ≈61% of the time on Hafrok's record. This one sits below that: a very large build and technical complexity. A secured offtake contract helps only slightly.
COD outlook
If it completes, when — Hafrok’s probability by year (teal)
20%40%60%80%100% 2032: 14.1% (conditional on completion) 2033: 28.0% (conditional on completion) 2034: 22.7% (conditional on completion) 2035: 14.6% (conditional on completion) 2036: 8.7% (conditional on completion) 2037: 5.1% (conditional on completion) 2038: 3.1% (conditional on completion) 2039: 1.8% (conditional on completion) 2040: 1.1% (conditional on completion) 2041: 0.7% (conditional on completion)2026now2028202920302032203328%EXPECTED2034203620382040 Developer-announced COD: 2029 ANNOUNCED 2029
COD probability by year, conditional on completion
YearProbability
203214.1%
2033 (expected)28.0%
203422.7%
203514.6%
20368.7%
20375.1%
20383.1%
20391.8%
20401.1%
20410.7%
How Hafrok got this date
1
No dated milestone yet
Nothing is consented or financed with a date, so the estimate starts from today (2026), adds the time similar projects (in established offshore-wind markets) took from consent to operation, plus an allowance for obtaining consent.
2
Earliest credible date
Typical consent-to-operation time plus allowances means commercial operation before 2033 is not credible.
3
Result
Expected commercial operation 2033, likely range 2033–2039 (the middle half of outcomes for similar projects). With no milestone to build from, the earliest credible date is the estimate, with a deliberately wide range.
4
Year-by-year chart
The bars spread that estimate across years using how similar projects actually slipped against their dates — more often late than early, which is why the bars lean right.
5
Chance of delivery — separate from timing
Start from the share of Early Development projects that went on to complete — ≈61%, measured on Hafrok's record of delivered and abandoned projects, with an allowance held back where that record cannot yet speak (projects still unresolved, changed market conditions). About three in four early-stage projects with a final outcome went on to operate — a record from an easier era. Most of today's early pipeline is still unresolved, so the estimate discounts it. Then adjust for this project's own evidence — offtake, market, size, technical complexity — to ≈58%, which rates it Prospective on Hafrok's four-step delivery scale (Delivering · Expected · Prospective · Fragile).

Project timeline & ownership verified milestones on the spine · ownership from Hafrok’s transactions record

2025’26’27’28’29’30’31’32’33Developer-announced COD: 2029 announced COD 2029BNetzA Offshore Wind Auction 2024 (central model, qualitative) — awarded to Waterekke Energy GmbHBNetzA Offshore Wind Auction 2024 (central model, qualitative) Aug 2024 · auction recordCommercial operation 2033 ·Hafrok expectedBNetzA Offshore Wind Auction 2024 (central model, qualitative) — awarded to Waterekke Energy GmbH 2024-08 ORIGINATIONTransfer(s) not in Hafrok's record — shown as a gap, never guessed. UNRECORDEDTODAYWaterekke Energy GmbH Waterekke Energy GmbH Waterekke Energy GmbH not among today’s recorded owners — no sale recordedLuxcara — 100% today Luxcara Luxcara 100%BNetzA Offshore Wind Auction 2024 (central model, qualitative) — awarded to Waterekke Energy GmbH Transfer(s) not in Hafrok's record — shown as a gap, never guessed.
Dashed tick marks today (9 Sep 2026). The ▲ below the spine is the developer-announced COD. The teal diamond on the spine is origination — the seabed award or round that created the project. Every other ownership event lives in the band below: one station per recorded deal, dated at its label, in deal order rather than to calendar scale. Secondary trades appear only at the interchanges; grey lines are parties whose entry or exit Hafrok’s record does not hold.

Revenue & offtake route to market — open

No offtake secured — route to market open

Zero-subsidy/merchant — German pre-investigated site (WindSeeG/EEG); no market premium, no CfD; developer pays concession fee to TSO; sells electricity at market price.

The routes describe what exists in this market — not a prediction of which the project will take. Timing math for the auction gate lives in the delivery outlook above.
Next visible round · from the auction calendar
Germany offshore tender — 2027 (FEP cluster)
expected 2027 · planned · the round’s published documents do not name this project
indicative

Installation how the build is going · from satellite counts and Hafrok’s registers

Installation not started
nothing to count yet: the satellite tracker begins when offshore construction does
Installation · on record
StageEarly Development
Offshore constructionnot started
Expected start of operation2029

Sources & verification

6/13 fields verified · rests on 11 sources (3 primary) · ◆ 2 documents held
VerifiedModelledSourcedInferredConventionUnverifiedNo source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Regulator1
[2]
Bundesnetzagentur2024-08-12◆ Bundesnetzagentur - Press - Results of t…
“The Federal Network Agency's bidding procedures with qualitative criteria for offshore wind power site N-9.3 have been concluded. Waterekke Energy GmbH has been awarded site N-9.3. The wind farms on t…”
supportsCommercial operationStatusConnection point
Operator3
[3]
Luxcara2024-08-13
“The bidding entity Waterekke Energy GmbH has won the right to build a 1.5 GW offshore wind farm in the German North Sea. [...] The project is scheduled to be connected to the national transmission gri…”
supportsTotal capacity
[4]
Luxcara2025-08-25
“Approval documents for the Waterekke project were submitted to the Federal Maritime and Hydrographic Agency (BSH) on time. Luxcara has signed a capacity reservation agreement with Siemens Gamesa for t…”
supportsConsent
[7]
Luxcara2024
supportsTotal capacityDistance from shore
Auction pipeline1
[11]
Bundesnetzagentur2026◆ bnetza-noncentral-2027
BNetzA — 2026 non-central offshore tenders suspended; N-10.1/N-10.2/N-12.4/N-12.5/N-13.1/N-13.2 moved to tender year 2027.
supportsGermany offshore tender — 2027 (FEP cluster)
Trade press5
[5]
Norton Rose Fulbright2024
“bidders in auctions benefitting from centralized pre-investigation will not receive any market premiums. Successful bidders are expected to offer a concession payment per KWh produced which makes up 6…”
supportsMechanismDetailOfftake history
[6]
offshoreWIND.biz2024-08
Press report — cited, not quoted; read it at the source link.
supportsowner
[8]
4C Offshore2026-07-02
Press report — cited, not quoted; read it at the source link.
supportsCoordinates
[9]
GEBCO Compilation Group2020
supportsWater depth
[10]
DTU Wind Energy / World Bank (Global Wind Atlas)2026
supportsMean wind speed
Unverified import1
[1]
unknown
supportsTotal capacityWater depthDistance from shoreCoordinates