Borkum Riffgrund 2 'still in pipeline'

Dong's Borkum Riffgrund 1

Dong's Borkum Riffgrund 1, neighbouring the pending second project

Dong Energy is keeping its 300MW Borkum Riffgrund 2 project off Germany's North Sea coast on hold, the company's chief executive Henrik Poulsen said today.

"When it comes to Borkum Riffgrund 2, no news on that one. It is still in our pipeline," Poulsen said at a conference call on nine-months earnings.

Dong Energy in late 2012 had said it had to postpone the project and put it back into its development pipeline as the required grid connection for the project would not be in place in time.

The project "is due to come back into a more active status a couple of years down the road," Poulsen said without being more specific.

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