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Evonik has extended its cooperation with EnBW and signed a second power purchase agreement from the planned 900MW He Dreiht offshore wind farm. A first power purchase agreement (PPA)  was already concluded to purchase 100MW last year.
The second agreement now adds a further 50 MW. As a result, Evonik should be able to cover more than a third of its power requirements in Europe from 2026 onwards. The term of the second tranche is also 15 years. The He Dreiht wind farm will be built about 90 kilometers northwest of Borkum and around 110 kilometers west of Helgoland and is scheduled to enter operation at the end of 2025. EnBW is planning to make the final investment decision in the first quarter of 2023.