Danish power firm Dong Energy has acquired the Borkum Riffgrund West 2 offshore wind project in Germany from Energiekontor.
Application for setting up grid link for the project is likely to happen in 2017 or 2018.
Construction for the project is expected to start by 2020, once grid connection is approved and the developers agree on a final investment decision.
The wind farm will have a generation capacity of 215MW.
It will be located near Dong Energy’s German offshore wind development project 312MW Borkum Riffgrund West 1 project, and will be equipped with 43 turbines.
Dong Energy Wind Power executive vice president Samuel Leupold said: "With the Borkum Riffgrund West 2 project we are now strengthening our post-2020 pipeline.
"Having our other offshore wind project, Borkum Riffgrund West 1 right next to it, there are a number of synergies for the development, construction, and operation of this project."
As well as the Borkum Riffgrund West 1 and 2 offshore projects in the German North Sea, Dong Energy also has Gode Wind 1+2 with a combined capacity of 582 MW under its portfolio.
Germany plans transition to renewable energy supply, with it needing to install 15GW of offshore wind power by 2030.
With almost one-third of all offshore wind projects in Europe under its portfolio, Dong Energy has built almost 2.5GW of such projects till date. The firm intends to take it up to a total of 3.5GW by 2020.
Image: Borkum Riffgrund West 2 offshore wind project will generate about 215MW of energy. Photo: courtesy of DONG Energy A/S.