Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
A 50-50 joint venture structure was established for the Norther project, which includes the offshore high-voltage station and single 220 kV export cable connecting the wind farm to the Belgian grid. The project company NORTHER is jointly owned by Elnu NV (a subsidiary of Belgian renewable energy producer Elicio) and Boreas Wind Offshore NV (a subsidiary of Dutch utility Eneco). This JV arrangement underpins ownership of the integrated installation, including the export cable and grid connection assets.