DEME Concessions Wind nv and the Windreich Group of companies announced the close of a joint venture between DEME and Windreich.
Under the terms of the joint venture Windreich contributed the MEG I project rights into Merkur Offshore GmbH, the new project company that will build and operate the project, and which is held by the partners DEME and Windreich. DEME and Windreich also agreed that the project will be renamed and further referred to as Merkur Offshore. Merkur Offshore, formerly known as MEG I, is a permitted 400MW offshore wind farm project with secured grid connection, located approximately 45 kilometres north of Borkum in the German exclusive economic zone of the North Sea.
