Butendiek is a 288MW offshore wind farm located in the North Sea around the German-Danish border, approximately 32 km off the island of Syl. It consists of 80 Siemens 3.6 MW wind turbines. Every year until decommissioning, the wind farm will supply green and renewable electricity to cover the annual consumption of some 300,000 German households.
AIP investor PKA held a 22.5% equity stake alongside Marguerite (22.5%), Industriens Pension (22.5%), Siemens (22.5%), and WPD (10%). PKA’s investment was fully realized in 2017.