RWE Agrees A Long-Term Partnership With KKR, Secures Contracts For Difference For 6.9 Gigawatts Of Offshore Wind Capacity in UK
ReutersJan 14, 2026 8:08 AM
Jan 14 (Reuters) - RWE AG RWEG.DE:
SECURES CONTRACTS FOR DIFFERENCE FOR 6.9 GIGAWATTS OF OFFSHORE WIND CAPACITY IN UK ALLOCATION ROUND 7 AND AGREES A LONG-TERM PARTNERSHIP WITH KKR
HAS BEEN AWARDED CONTRACTS FOR DIFFERENCE AT A STRIKE PRICE OF £91.20 PER MEGAWATT HOUR FOR ITS NORFOLK VANGUARD EAST AND NORFOLK VANGUARD WEST, ITS TWO DOGGER BANK SOUTH AND AWEL Y MÔR OFFSHORE WIND
KKR ACQUIRES A 50% EQUITY STAKE IN EACH OF NORFOLK VANGUARD PROJECTS
CLOSING OF THIS TRANSACTION IS SUBJECT TO CUSTOMARY APPROVAL AND EXPECTED IN SUMMER 2026
AND KKR JOIN FORCES TO DEVELOP, CONSTRUCT AND OPERATE NORFOLK VANGUARD EAST AND NORFOLK VANGUARD WEST PROJECTS
Further company coverage: RWEG.DE
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