Onshore Construction Start

DELAYED +3yr (Apr 2026): The BEI website press release (30 Nov 2023) stated that Danish onshore construction could start once the environmental permit was received and archaeological excavations completed in 2025. The environmental permit has since been granted (confirmed on bornholmenergyisland.eu "Green Light" page) and archaeological pre-investigations at Aakirkeby began May 2023, but no developer announcement of DK onshore construction commencement has been made as of April 2026. Critically, FID remains outstanding: the 22 Nov 2024 TED notice for the Siemens Energy HVDC converter substations states the award is conditional on a future FID, and the DK-DE bilateral investment agreement was only signed on 26 Jan 2026. The FID is projected for 2027. On the German side, 50Hertz reports that cable conduit installation near Vierow has begun, but this is shared infrastructure with the Ostwind 3 offshore grid connection — not BEI-specific construction. With FID not yet reached and no formal construction start announced for either the Danish or German BEI-specific works, the onshore construction start is shifted from mid-2025 to mid-2028 (post-FID). --- The joint Energinet/50Hertz Bornholm Energy Island project website press release dated 30 November 2023 states that "Construction on Energinets part of the project in Denmark can start once it has received an environmental permit and archaeological excavations have been completed in 2025." This indicates the developers expected onshore construction on the Danish side to begin in 2025 after completion of permitting and excavations. Using 2025-06-30 as a mid-year proxy with year-level precision.