Who we are

Ventyr will develop, own, and operate Sørlige Nordsjø II (SNII), Norway’s first large-scale offshore wind project, laying the foundation for a new industry in Norway.

Ventyr consists of Parkwind, an experienced offshore wind developer in Europe, and Ingka Investments, a significant investor in renewable energy. Together, they bring experience, expertise, and financing to develop Norway’s first large-scale offshore wind project – SNII.

In March 2023, the Norwegian government announced a competition for offshore wind development in the first phase of Southern North Sea II. The competition was decided through a price auction, which Ventyr won.

Learn more about the companies behind Ventyr below.

Parkwind, the operator of SNII, develops and operates offshore wind projects that supply renewable energy.

Parkwind is a Belgian-based company that has been involved in offshore wind since 2012. Parkwind is an experienced developer of large-scale offshore wind projects in new markets: they were first in Belgium, first in Ireland, and now first in Norway. The company has over 1 GW of offshore wind capacity in the North Sea and Baltic Sea, as well as 4.5 GW under development in Europe and APAC. Parkwind is owned by JERA, Japan’s largest power producer.

Ingka Investments is the investment arm of the Ingka Group, which is the largest retailer of IKEA products, with retail operations in 31 markets and accounting for approximately 90% of IKEA sales.

Ingka Investments was established by and for the Swedish furniture group IKEA. Through long-term investments in renewable energy, such as offshore wind, Ingka Investments aims to contribute to the financial strength and sustainable transition of IKEA.

Contact us

Ventyr AS

v/advokat Per Aksel Hammer Krog
c/o Advokatfirmaet BAHR AS
Tjuvholmen allé 16
0252 OSLO

 

Visiting address

Karenslyst Allé 53
0279 Oslo

Press contact