Sørlige Nordsjø II (Phase 1)
Norway's first commercial-scale offshore wind farm. Eastern part of Sorlige Nordsjo II area. Maximum 1500 MW, minimum 1400 MW.
Status
Advanced Developmentlifecycle stage
ExpectedHafrok completion outlook
Ownership
Parkwind — 51% ◆
Ingka Investments — 49% ◆Location
NorwayNorth Sea
Technology
Capacity
1,500 MW ◆
Turbines
—
Foundation
—
Site & conditions
Site rights
Seabed rights held ∴
Origination
Sørlige Nordsjø II (phase 1) · 2024 ·
Water depth
59–61 m ≈
Distance from shore
140 km ◇
Wind speed
10.7 m/s @ 150 m ≈
Revenue & grid
Offtake
CfD · 115 NOK_ore_per_kWh ◆
Grid
Applied · 2024-10 ◆
Connection
Statnett substation at Kvinesdal (~200 km HVDC) ◆
Schedule
FID
Not taken
COD · Hafrok
2031 expected
Delivery outlook modelled by Hafrok · calibrated on delivered projects
2031
expected year of commercial operation
Chance of delivery
≈73%
estimated chance this project reaches commercial operation
Advanced Development projects complete ≈75% of the time on Hafrok's record. This one sits below that: a market with a thinner delivery record, 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)
| Year | Probability |
|---|---|
| 2030 | 14.1% |
| 2031 (expected) | 28.0% |
| 2032 | 22.7% |
| 2033 | 14.6% |
| 2034 | 8.7% |
| 2035 | 5.1% |
| 2036 | 3.1% |
| 2037 | 1.8% |
| 2038 | 1.1% |
| 2039 | 0.7% |
How Hafrok got this date
1
Starting point: the last dated milestone
Consent granted in
2026. From there Hafrok adds how long similar projects (in developing offshore-wind markets) took to reach commercial operation, measured on projects that have delivered.2
Typical timing
Starting point plus the typical remaining time gives a middle estimate of
2031; the faster quarter of similar projects would be done by 2029, the slower quarter not until 2031.3
Result
Expected commercial operation
2031, likely range 2029–2031 (the middle half of outcomes for similar projects). The typical time from consent is used.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 Advanced Development projects that went on to complete — ≈75%, 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). Consented projects have historically completed at very high rates, but the 2023–25 downturn showed consented-but-unfinanced projects can still fail — the estimate holds back for the offtake and financing gates still ahead. Then adjust for this project's own evidence — offtake, market, size, technical complexity — to ≈73%, which rates it
Expected 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
Origination · 2024-03
Sørlige Nordsjø II (phase 1)
- Awarded to
- Ventyr SN II AS (Parkwind + Ingka Group)
- Basis
- integrated tender
Founding JV · 2023-11
Parkwind · Ingka Investments — Ventyr Energy consortium awarded Norway's first commercial-scale offshore wind licence (Sørlige Nordsjø II Phase 1, 1,500 MW) through the Norwegian government's subsidy auction, announced 20 March 2024. The winning bid was NOK 1.15/kWh strike price (approximately EUR 0.099/kWh). State CfD contract signed April 2024. Subsidies capped at NOK 23 billion (approximately EUR 2 billion); maximum capacity 1,500 MW, minimum 1,400 MW. Ventyr is jointly owned by Parkwind (JERA Nex subsidiary, 51%) and Ingka Investments (IKEA's investment arm, 49%). NorSea Group is a strategic partner for port and logistics services (not an equity owner). Ingka Investments joined the Ventyr consortium in November 2023, taking the 49% stake ahead of the bid submission. Parkwind had originally formed Ventyr and prequalified for the tender; Ingka entry recorded as the consortium formation date. No financial consideration for the tender award itself. Records the JV/consortium formation and contract award. First turbines targeted operational 2030; FEED underway (Ramboll monopile design). FID expected 2027-2028.
Evidence
- offshoreWIND.biz — BREAKING: Parkwind Consortium Wins Norway's First Offshore Wind Tender ↗ 2023-11 ◆ held
From the auction results — the round that created the project; founding JV from Hafrok’s transactions record.
Dashed tick marks today (9 Sep 2026). 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 contract duration and price levels · money of the day
1,500 MW contracted — tender award
● Tender award · Sørlige Nordsjø II (phase 1)
Price115 NOK_ore/kWh ·Capacity1,500 MWAwardedMar 2024Term15 yrs
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
StageAdvanced Development
Offshore constructionnot started
Expected start of operationnot stated
Grid connection
from Hafrok’s substation, converter and cable registers
Offshore platforms · 1
HVDC systemSorlige Nordsjo II HVDC (Offshore)·1500 MW · ±320 kV · planned, expected 2030
HVDC systemSorlige Nordsjo II HVDC (Onshore — Kvinesdal)·1500 MW · ±320 kV · planned, expected 2030
Export & onshore
Export cableSorlige Nordsjo II Export Cable·HVDC subsea · 200 km · planned · to Kvinesdal, southern Norway
Grid connection · ready in time?
when each part of the grid connection is due, against the start date the developer states (black line) and the year Hafrok expects (teal band) · a bar spans the whole year, quarter or month the source gives
installed or in serviceexpected deliveryearlier date that was later moved
Sources & verification
5/12 fields verified · rests on 12 sources (7 primary) · ◆ 4 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.
Operator3
[5]
NVE (Norges vassdrags- og energidirektorat)2024-10-15◆ Konsesjonssak - NVE
“VENTYR SN II AS — Utredningsprogram fastsatt [Assessment program established, 15.10.2024]. Capacity: 1,500 MW.”
supportsConsentTotal capacityStatusConnection point
[6]
GCE Ocean Technology2024-03-20
“The installed capacity in the project area is to be a minimum of 1,400 MW and a maximum of 1,500 MW.”
supportsTotal capacityMechanismStrike / priceDetail
[17]
Parkwind2024-03-20◆ Ventyr secures winning bid in norwegian …
“With the first turbines expected to be operational by 2030, this 1.5GW wind farm will play a crucial role in advancing the country's renewable energy transition.”
supportsFirst power
Auction results1
[18]
Norwegian Ministry of Energy (regjeringen.no)2026-06-22◆ no-sorlige-nordsjo-ii-2024-snii-cfd
Sorlige Nordsjo II CfD contract: NOK 2bn post-award guarantee, NOK 1m/day delay fine, NOK 2bn Fastholdelsesbot
supportsTender award · Sørlige Nordsjø II (phase 1)
Trade press7
[10]
Ventyr2024
“Ingka Investments, the investment arm of Ingka Group – the largest IKEA Retail operator – is to join the Ventyr consortium, taking a 49 percent stake in the consortium.”
supportsowner
[11]
4C Offshore2025
Press report — cited, not quoted; read it at the source link.
supportsTotal capacity
[12]
NS Energy2025
Press report — cited, not quoted; read it at the source link.
supportsTotal capacity
[13]
The Wind Power2025
Press report — cited, not quoted; read it at the source link.
supportsCoordinates
[14]
[15]
[16]
Unverified import1
[1]
unknown◆ Announcement of competition for a projec…
supportsTotal capacityWater depthDistance from shoreCoordinates