Skyborn Renewables Signs Landmark 600 MW PPA with Amazon for Gennaker Offshore Wind Project

Skyborn Renewables has signed a record-breaking 600 MW power purchase agreement (PPA) with Amazon for carbon-free electricity from the Gennaker offshore wind farm. It is the largest single PPA ever signed in Germany and marks a key milestone for the project, enabling Skyborn to advance construction of Germany's largest Baltic Sea wind farm. Orrick advised Skyborn Renewables.

THE COMPANY

Skyborn is a global offshore wind infrastructure platform with more than 25 years' experience, headquartered in Germany. The company's capabilities cover the entire offshore wind value chain, including greenfield development, project engineering and design, procurement, financing, corporate power purchase agreements, construction management and asset management.

Skyborn is a portfolio company of New York-based Global Infrastructure Partners (GIP), a leading infrastructure investor and part of Blackrock.

THE IMPACT

With a planned capacity of up to 976.5 MW, Gennaker is set to become the largest offshore wind farm in the German Baltic Sea. Once operational, it is expected to generate enough renewable electricity to power approximately one million households annually.

The long-term offtake contract supports the transition of Gennaker into its next phase toward construction, laying the foundation for bankability and long-term value creation for stakeholders, local communities and the German energy system.

THE TEAM

The Orrick team is led by Lana Le Hir.

LEARN MORE

• Skyborn Renewables' News Announcement
• Read More Orrick Client Results