RWE secures UK CfDs for 6.9 GW offshore wind portfolio

• 13 May 2026
• Corporate, Windfarms
• Nick Hood

RWE has secured Contracts for Difference for five UK offshore wind projects with combined planned capacity of up to 6.9 GW, the company said in its Q1 2026 interim statement.

The projects include Norfolk Vanguard West and Norfolk Vanguard East off England’s east coast, two Dogger Bank South developments and the Awel y Môr extension project in the Irish Sea. The awards were confirmed under the UK government’s Allocation Round 7 auction process.

RWE said the offshore projects secured strike prices of £91.20/MWh in 2024 prices under 20-year contracts indexed to inflation.

The company also confirmed a partnership agreement with investment firm KKR covering Norfolk Vanguard West and Norfolk Vanguard East, with KKR taking a 50% stake in the project companies. The transaction is expected to close in summer 2026, subject to approvals.

RWE acquired the Norfolk projects from Vattenfall in 2024. The developments are expected to deliver 2.8 GW of installed capacity, with commissioning targeted for 2029 and 2030.

The company said Dogger Bank South West and Dogger Bank South East are expected to deliver a combined 3 GW, while the Awel y Môr extension project is planned at 800 MW.

For more information about offshore wind farm projects across the globe, click here.