OWP Butendiek, an offshore wind farm situated in the German North Sea, has secured a second long-term Power Purchase Agreement (PPA) for its 288 MW Butendiek offshore wind project.
Under the new agreement, BKW Energie AG, a Swiss energy utility, will purchase 18% of the wind farm's total production, equivalent to over 200 GWh annually, over the long-term. The agreement marks the second PPA secured by Butendiek in recent months, the first being announced with an unnamed offtaker in October 2023 to supply green hydrogen production (62.5%). Together, the two agreements, which commence in July 2024, account for 80.5% of Butendiek’s total production capacity, with the remaining portion of capacity continuing to trade on the merchant market.
