RWE

Money Moves

Developer and 50% owner of Norfolk Vanguard

Two wind farms off the Norfolk coast, together rated at about 3.1 gigawatts, now have £13.1 billion of debt behind them. RWE and private equity firm KKR closed the package with a consortium of banks and the UK's National Wealth Fund, which committed around £1 billion.

Updated Yesterday

Built World

Won 2.12 gigawatts in first tender

Germany's network regulator awarded 11 contracts for 5.16 gigawatts of gas-fired backup capacity on Nov. 3. LEAG and RWE took ten of them, including a LEAG subsidiary, and the average support price was €155,296 per megawatt over 15 years, below the €244,000 cap.

Updated 3 days ago

Built World

Co-developer of Dogger Bank South East and South West

Balfour Beatty has won the first phase of National Grid's Birkhill Wood 400kV substation in East Yorkshire, the station that will carry power from three planned Dogger Bank wind farms onto the grid. The award came through National Grid's £8 billion Electricity Transmission Partnership, under which Balfour Beatty became delivery partner for North East England in 2025.

Updated Oct 25

Built World

As of September 2026: Co-developer and construction lead for OranjeWind

The first of 53 steel monopiles is now driven into the seabed 53 kilometers off the Dutch coast. The September 1 installation by RWE and TotalEnergies marks the official start of construction at the 795 MW OranjeWind wind farm.

Updated Sep 2