Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 31 August 2009, the German Federal Maritime and Hydrographic Agency (BSH) issued the SeeAnlV Genehmigung to Multibrid Entwicklungsgesellschaft mbH for the construction and operation of 80 wind turbines at the Merkur (formerly MEG 1) offshore wind farm in the German Exclusive Economic Zone (AWZ) of the North Sea, approximately 45 km north of Borkum on a 47 km² project area in water depths of 27-33 m. The application had been filed on 10 April 2006. Development of the project was subsequently led by Windreich and DEME with Alstom (now GE Renewable Energy); after Windreich's insolvency, BSH twice extended the latest-construction-start deadline (to 1 July 2016 and then 1 August 2017). Financial close was reached in August 2016 with a Partners Group / InfraRed Capital Partners / DEME Concessions / Coriolis JV. The as-built project was reduced to 66 GE Haliade 150-6MW turbines (396 MW) on monopile foundations; first power was achieved in June 2018, full installation completed September 2018, and commercial operation followed in June 2019.