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Gennaker Offshore Wind Farm Reaches Financial Close
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Fusion42 · 11 September 2026 · Fusion42 review
Skyborn Renewables has secured over EUR 3 billion to advance the Gennaker offshore wind farm in the German Baltic Sea, moving from development into construction with expected operation by 2028. The project will include 63 Siemens Gamesa turbines with a total capacity of 976.5 MW and is the first offshore wind farm connected under the German territorial waters regulation.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
You must plan supplier and service engagements for large-scale offshore wind as Gennaker's construction clears a finance hurdle and regulatory pathway unique to German territorial waters. This project opening signals demand surge for local manufacturing and installation you can target now.
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1 source · 11 Sep 2026
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