Swiss utility BKW signs Butendiek PPA


December 18, 2023

Swiss utility BKW Energie has agreed to buy 18% of the power produced by the 288MW Butendiek offshore wind farm in the German North Sea.

Butendiek is owned by a consortium made up of CITIC Pacific, Greencoat Renewables, Industriens Pensionsforsikring, Itochu Corporation, Octopus Energy Generation and Wpd. This BKW power purchase agreement is equivalent to electricity production of more than 200GWh annually.

The deal is due to take effect in July 2024.

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