News release from Vestas Northern and Central Europe
Hamburg, 17 June 2024

Vestas has secured a conditional agreement to supply 112 V236-15.0 MW wind turbines for Vattenfall's and BASF's Nordlicht 1 and 2 offshore wind projects, as already communicated in Vestas' Company Announcement 10/2024 of 13 June 2024. Within the scope of the contract is furthermore a 5-year service and warranty agreement followed by an operational support agreement until year 30.

The companies are also underlining their ambitions to reduce their CO2e emissions along the entire value chain. The top sections of 56 out of 112 towers will be made with low-emission steel, accounting for 24 percent of the mass of the heavy steel plates used for the wind farm area and leading to a 16 percent reduction in the towers' overall carbon footprint.

The low-emission steel is fabricated using 100 percent steel scrap melted in an electric arc furnace powered by 100 percent wind energy, reducing the carbon footprint by 66 percent compared to heavy steel plates made via a conventional steelmaking route.

Nils de Baar, President of Vestas Northern and Central Europe, says: "We are pleased to have signed this conditional agreement to deliver our state-of-the-art V236-15.0 MW offshore wind turbine for the Nordlicht projects. Vattenfall, BASF and Vestas share the ambition to rapidly expand wind projects and to decarbonise the energy market in Europe, and Nordlicht will play a crucial role in delivering Germany's energy transition targets. Vattenfall and BASF have a lot of experience in offshore wind projects, and we are looking forward to build this project together with our partners."

Catrin Jung, Head of Offshore Wind at Vattenfall, comments: "Wind energy is an essential cornerstone on the path to fossil freedom, which moves society forward. With Vestas, we now have a partner for our Nordlicht projects at our side, with whom we share the same values in terms of sustainable energy solutions. The wind turbine supply and service contracts are an important milestone for us and we look forward to continuing to work with Vestas as one of the leading wind turbine manufacturers."

Horatio Evers, Managing Director at BASF Renewable Energy GmbH, adds: "Renewable energies play a key role in our efforts to achieve net-zero CO\2\ emissions as soon as possible. This agreement is another important milestone in the Nordlicht 1 and 2 offshore wind projects and shows our clear commitment to the European wind power supply chain. Sustainability is an integral part of our strategy, and I am delighted that by using low-emission steel, we are also demonstrating that sustainable products are the future."

The Nordlicht wind farm area is located 85 kilometres north off the island of Borkum in the German North Sea and consists of two separate locations: Nordlicht 1 and Nordlicht 2. Once fully operational, electricity production is expected to total around 6 terawatt hours (TWh) per year, which is equivalent to the electricity consumption of 1.6 million German households.

The construction of Nordlicht 1 and 2 is scheduled to start in 2026. According to the current state of planning, the wind turbines are to be installed in 2027 (Nordlicht 1) and 2028 (Nordlicht 2). The wind farms are expected to be fully operational in 2028.

If and when the agreement with Vattenfall and BASF materialises in firm and unconditional orders for Vestas, the company will disclose these in accordance with its disclosure policy.
For more information, please contact:
Yannick Kramm
External Communications Specialist, Vestas Northern & Central Europe
Mail: yankr@vestas.com
Tel: +44 (0)77 9528 4694
About Vestas
Vestas is the energy industry's global partner on sustainable energy solutions. We design, manufacture, install, and service onshore and offshore wind turbines across the globe, and with more than 179 GW of wind turbines in 88 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 149 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas' more than 30,000 employees are bringing the world sustainable energy solutions to power a bright future.

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