Energy · Germany

How much did Veja Mate Offshore Wind Farm cost to build?

Veja Mate is a 402 MW offshore wind farm in the German North Sea, about 95 km northwest of Borkum, with 67 Siemens SWT-6.0-154 turbines of 6 MW each on monopiles in water up to 41 m deep, connected through the BorWin2 converter platform. Developed by Highland Group Holdings, Siemens Financial Services and funds managed by Copenhagen Infrastructure Partners, it reached financial close on 1 July 2015, started construction on 4 April 2016 and was commissioned on 31 May 2017; the investment is given as EUR 1.9 billion.

Reported project cost

€1.9 billion

Approximately $2.15 billion

Cost basis: 2017

BorWin beta HVDC converter platform (top jackup rig part of the platform, without substructure) at Warnow dockyard Rostock, Germany
WaerfeluCC BY 3.0

Cost evidence

Basis of the published figure

Reported project cost2017
power-technology.com

Project metrics

Key dimensions

Project record

Timeline

  1. 4 April 2016

    Construction started

    power-technology.com
  2. 25 May 2017

    Completed

    cop.dk
  3. 31 May 2017

    Opened or launched

    cop.dk

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