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Wind
Power & Utilities
Renewable Energy
400
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It is Denmark's largest offshore wind farm and the world's third biggest offshore wind farm with an installed capacity of 400MW. It generates enough clean energy to power some 400,000 households. Its power capacity is equivalent to around 4% of the total Danish power consumption. The wind farm was officially inaugurated in September 2013. The project ensures the Danish Government to achieve the target of 30% renewable energy share by 2020. DONG Energy (50%), PensionDanmark (30%) and PKA (20%) jointly own the wind farm. The majority share holder DONG Energy operates the facility. In September 2011, the Nordic Investment Bank (NIB) and DONG Energy signed a €240m loan agreement for the project.
