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 finalized in February 2024.

RWE (51% project share)

RWE is one of the world's leading renewable energy companies and one of the largest renewable generators in the UK. RWE supplies around 15% of the UK electricity using a vast 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 a pioneer in advancing the clean energy sector and a global leader in sustainability and climate action. Masdar has developed and partnered projects in over 40 countries across six continents and has invested, or committed to invest, in worldwide projects with a combined value of more than US$30 billion.

Promoting innovation in solar, wind, energy storage, waste-to-energy, and geothermal energy, Masdar has a proven record of advancing the commercialisation and deployment of renewable energy and clean technologies to address the world’s sustainability challenges.

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Current status

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The story so far...

The DBS projects have been through a detailed development phase

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Keep in touch

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