Ventyr secures winning bid in Norwegian auction for Sørlige Nordsjø II offshore wind development

Leuven, March 20, 2024 - Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, today announces its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 area in the Southern Norwegian North Sea.

The Sørlige Nordsjø II project represents a critical step towards Norway's ambitious goal of awarding 30 GW of offshore wind power by 2040. 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.

"We are thrilled to have secured the winning bid for the Sørlige Nordsjø II project," said Jorne Bluekens, Project Manager at Ventyr. "This achievement underscores our commitment to driving positive change through renewable energy innovation. We look forward to working closely with our partners and stakeholders to bring this project to fruition and deliver tangible benefits to the local community."

Ventyr is committed to delivering innovative and sustainable energy solutions. The cutting-edge and lean project concept focuses on maximizing efficiency while minimizing environmental impact.

The project places a strong emphasis on local ripple effects, ensuring that communities in the vicinity of the wind farm benefit from economic opportunities and job creation. Through strategic partnerships and community engagement, we are dedicated to fostering long-term prosperity and growth in the region. NorSea Group in Norway, one of the strategic partners of the project, is ready to play an important role in ensuring that it brings positive impacts to local communities.

"In NorSea we are proud and excited to be a partner in this winning project. We are looking forward to supporting the consortium with NorSea's experience gained through six decades of offshore industry and convert this into a new energy and industry chapter for Norway, creating jobs and building competence", says John E. Stangeland, CEO in NorSea.

”This is an important milestone in Norway’s offshore wind journey, and Parkwind is proud to be playing a key role in the development of Sørlige Nordsjø,” said François Van Leeuw, co-CEO of Parkwind. “We have a long track record of delivering successful offshore wind farms in the North Sea and look forward to bringing a new clean energy project to life in Norwegian waters.”

As part of a EUR 7.5 billion initiative to support of 100 percent renewable energy consumption across the value chain and beyond, Ingka Investments has invested and committed more than EUR 4 billion into renewable energy projects in wind and solar power. Out of the EUR 7.5 billion initiative, EUR 1 billion is committed to investments in innovation and transitional technologies, such as energy storage, hydrogen as energy carrier or grid infrastructure.

”We are delighted about the results of this first Norwegian auction. This is yet another investment that will enable a climate footprint reduction well beyond our retail consumption and into the IKEA value chain, and also support the transition to a renewable future. Offshore wind has a huge potential to contribute to Europe’s decarbonised energy goals, and we are looking forward to the next steps of this partnership”, said Frederik de Jong, Head of Renewable Energy at Ingka Investments.


For media inquiries, please contact communication@parkwind.eu

About Parkwind

Parkwind is an integrated offshore wind business that develops, finances and operates offshore wind farms. Since July 2023, Parkwind has been operating as part of JERA Co., Inc. one of the largest power generational companies in the world. Together, Parkwind and JERA have more than a decade of experience and over 1,500 MW of offshore wind assets under operational management in Belgium, Germany, the UK, Taiwan, and Japan, in addition to an extensive pipeline of offshore wind projects in development around the world including in Belgium, Germany, Ireland, Japan, France, Norway, Greece, and Australia/New Zealand.

Committed to making green energy available and affordable for everyone through its unique approach of covering the entire value chain of offshore wind, Parkwind has established itself as a reliable and competitive partner to communities, governments and suppliers globally.

Read more on www.parkwind.eu.

About Ingka Group

With IKEA retail operations on 31 markets, Ingka Group is the largest IKEA retailer and represents about 90% of IKEA retail sales. It is a strategic partner to develop and innovate the IKEA business and help define common IKEA strategies. Ingka Group owns and operates IKEA sales channels under franchise agreements with Inter IKEA Systems B.V. It has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. Read more on www.Ingka.com.

Ingka Group has so far invested and committed to invest 4 billion Euros in renewable energy projects. 45 windfarms and 12 solar farms are in operation across 16 countries, and another 3 wind farms, 2 solar farms and 1 battery storage project are under construction. In total 593 wind turbines are in operation or under construction. The current operational capacity is producing more than 4TWh per year.

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Maarten van der Horst

Head of Projects

Maarten joined Parkwind and more specifically the Oriel project team in early 2021. He brings 17 years of experience in the energy industry having worked at Engie's renewables arm first as an engineer, later as offshore specialist.

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Wim Verrept

IT Services Manager

He joined Parkwind in 2016 as risk manager, during the installation phase of Nobelwind. Since then his responsibilities have expanded to include IT and the QHSSE department. Before joining the company, he worked as a risk manager at large financial institution in Belgium.

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Ingrid Dony

HR Manager

Ingrid joined Parkwind in 2013 and manages the Human Resources department. Her expertise in corporate HR has created the foundations in Parkwind’s evolving and rapidly growing employee and consultant base. Her team manages everything from payroll to employee development and communications. She has been instrumental in preparing the organization for international expansion and the digitalization of numerous HR legal and administrative tools.

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Dirk Dewettinck

Head of R&D

At Parkwind since 2015 he manages the engineering resources involved in project development, design and construction. He was closely involved in the technical management of the Nobelwind and Northwester 2 projects. Prior to joining Parkwind, he was involved in other offshore wind projects, working for a major wind turbine supplier, and prior to that he worked for more than 15 years with major engineering contractors in projects around the world, mainly in the conventional power generation construction and services (steam, gas, nuclear).

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Clément Helbig de Balzac

Project Director Arcadis Ost 1

Joining Parkwind in 2011 as a project finance specialist and he was heavily involved in the financing and construction of Northwind and Nobelwind. Thereafter, as project finance manager, he led the financing process of Northwester 2 and the refinancing of three operational offshore wind farms of the Parkwind portfolio. He is also involved in business development projects for his expertise lies in financing processes, construction contract negotiation, contracting strategy and development and construction management.

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Edward Van Melkebeek

Head of Technology

Since joining Parkwind in 2018, he has been leading the Technology team responsible for leveraging Parkwind’s know-how in civil, electrical and WTG packages to development of new projects. The team also performs a supply chain role, managing technical aspects of project contracts. Previously, he has built extensive practical and managerial experience in the offshore construction business for over 22 years at a global leading dredging and offshore contractor strongly active in the offshore wind industry.

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Mathias Van Steenwinkel

Business Development Manager

He joined Parkwind in 2012 working on financial modelling, PPA negotiations and the overall financial close processes. Since 2016, he is heading the growing business development department playing a key role in the identification of new projects, global partnerships and tender preparations.

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Kristof Verlinden

O&M Manager

With Parkwind since 2010, he is responsible for the asset management and production management of all of Parkwind’s offshore operational assets. The O&M organization plays a pivotal role in project development incorporating strategic insight to ensure frictionless O&M operations from the moment of first production. The team also supplies external support services, is involved in numerous R&D initiatives with universities and wind farm performance analysis using state of the art data systems. Kristof joined Parkwind with an engineering background in international service support business and wind turbine driveline design validation.

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Pieter Marinus

General Counsel and Investment Relations Director

As a former Parkwind board member, he has been involved in the financial close and follow-up of every Parkwind project as well as in their acquisition and divestment processes. Prior to joining Parkwind’s management in 2017, he was also in charge of multiple other renewable energy investments and financings around Europe, notably as Investment Director at Korys.

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Peter Caluwaerts

Head of Engagement Management

After years of building extensive experience in large construction works, he started his career in offshore wind in 2010 by taking up the role of CLO of Parkwind, responsible for regulatory, legal and contracting matters for Belwind and Northwind windfarms. Since then, as Project Director, he’s led the Northwester 2 project completed in 2020 and is now responsible for Parkwind’s Irish projects Oriel and Clogherhead. He plays an instrumental role in organizing Parkwind’s international expansion and growth.

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Eric Antoons

co-CEO

Before joining the company in 2013, he worked for one of the largest power and gas suppliers in Belgium, in both operational and executive functions. Joining Parkwind in 2013 as COO, he supervised the construction of three wind farm projects and the considerable growth of O&M activities. Since becoming co-CEO in 2016, he has also developed Parkwind’s R&D activities to the forefront partnering with universities and several technology start-ups.

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François Van Leeuw

co-CEO

He joined Parkwind as CFO in 2009 and has been leading the financing and development of Parkwind's first wind farms. In his role he’s particularly involved in new business and partnership development for Parkwind globally. He is also serving as the chairman of the Belgian Offshore Platform, the non-profit association of investors and owners of Belgian wind farms.

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Paul Tummers

CFO

Arriving to Parkwind in 2019, after a broad career in energy and infrastructure, he has taken a leading role in Parkwind’s international expansion from both corporate finance and organizational restructuring.