DEME has secured a contract valued between €50 million and €150 million to perform the transport and installation of inter-array cables for the Nordseecluster B offshore wind farm in Germany, the company said in a statement.
The Nordseecluster is a joint project of RWE, which holds a 51% stake, and Norges Bank Investment Management with 49%.
Located about 50 kilometers north of the island of Juist in the German North Sea, the Nordseecluster combines several wind farm sites with a total capacity of up to 1.6 GW, projected to supply electricity equivalent to 1.6 million homes.
RWE is responsible for construction and operations across the lifecycle of the offshore wind farms.
For the second stage, Nordseecluster B, DEME will install 124 kilometers of inter-array cables, connecting 60 turbine foundations to the offshore substation.
The contract scope includes engineering, preparation, and supporting activities.
The work is scheduled to begin towards the end of 2027, with DEME deploying its vessel Living Stone and additional supporting equipment.
DEME Group is a Belgian publicly listed company headquartered in Beveren-Kruibeke-Zwijndrecht, specializing in offshore energy, dredging, marine infrastructure, and environmental services. It also invests in offshore wind, marine infrastructure concessions, hydrogen, and mineral resources. In 2024, DEME reported revenues of €4.1 billion and an EBITDA of €764 million.
RWE AG is a publicly traded German energy company headquartered in Essen. It operates across conventional and renewable energy generation, with a growing focus on offshore and onshore wind, solar, and hydrogen projects.
Norges Bank Investment Management (NBIM) is the asset management unit of Norges Bank, the central bank of Norway. It manages the Norwegian Government Pension Fund Global, one of the world’s largest sovereign wealth funds.
