XTRA:RWERenewable Energy
How RWE’s Norfolk Vanguard West Turbine Deal and KKR Partnership Will Impact RWE (XTRA:RWE) Investors
RWE has recently placed a firm order with Vestas for 92 V236-15.0 MW turbines for the 1,380 MW Norfolk Vanguard West offshore wind project in the UK, following its successful award of a Contract for Difference in Allocation Round 7 and targeting final investment decision in summer 2026 with commissioning in 2029.
This contract, alongside KKR acquiring a 50% stake in the Norfolk Vanguard projects, underscores how RWE is advancing capital-light partnerships to expand its offshore wind...