Under the terms of the deal, Windreich has retained responsibility for the turnkey erection, commissioning and future operation of the project whose total construction it says will cost €1bn ($1.3bn).
Deutsche Bucht, in the German North Sea, will comprise 42 Areva Multibrid 5MW wind turbines, and has an unconditional connection to the German grid agreed with the Federal Network Agency.
The project will be located about 30km northwest of Windreich’s Global Tech I project, and will supply 670,000 people with electricity.
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