RWE and Masdar
RWE will be leading development, construction and operation on behalf of the project partners RWE (51% share) and Masdar (49% share). RWE entered into Agreements for Lease for the two DBS projects with The Crown Estate in January 2023. In December 2023, Masdar announced it had acquired a 49 percent stake in the DBS offshore wind projects. The shareholding agreement between the companies was finalised in February 2024.
RWE (51% project share)
RWE is one of the world's leading renewable energy companies and the leading power generator in the UK. RWE supplies around 12 million UK homes with electricity using a range of technologies.
RWE continues to grow its offshore portfolio in the UK, with 10 operational wind farms and one of the largest offshore wind development pipelines in the country.
Masdar (49% project share)
Masdar (Abu Dhabi Future Energy Company) is one of the world’s leading clean energy companies. Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the transformation of energy systems and help the world meet its net-zero ambitions.
Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of 51 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future.
Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.
Other pages you might be interested in
Current status
Learn more about the stages of examination that DBS will go through
The story so far...
The DBS projects have been through a detailed development phase
Keep in touch
Get in touch and ask questions with our project team