WindMW is 80% owned by Blackstone, while developer WindlandEnergieerzeugung holds the rest.

Blackstone also already owns the Nördlicher Grund offshoreproject, which it plans to equip with 64 6MW turbines.

“If a third project crosses our path, we would think about(buying) it,” Assheuer told Recharge.

Private equity, infrastructure or pension funds, and privateindustrial companies so far are contributing little to the financing of Germanoffshore wind projects, which is dominated by large utilities and syndicatedbank loans.