The contract for offshore wind at Sørlige Nordsjø II has been signed

Today, Energy Minister Terje Aasland met with the leadership of Ventyr SN II, the company responsible for developing the first major offshore wind project on the Norwegian continental shelf. They celebrated the signing of the contract earlier this week.

“This marks a significant milestone in Norway’s commitment to renewable energy. I firmly believe that Sørlige Nordsjø II can be a catalyst for achieving our ambitions in the offshore wind industry. This project also presents an opportunity for the Norwegian supply industry to play a central role in a new industrial era.” said Energy Minister Terje Aasland.

Ventyr SN II is jointly owned by Parkwind, part of the global renewable energy company, JERA Nex, and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer. Parkwind brings extensive knowledge and expertise in developing, financing, constructing, and operating offshore wind farms in the European market. Ingka Investments contributes financial resources as part of its sustainability focus and transition towards renewable energy. The consortium also has a strategic partnership with NorSea Group, a Norwegian supplier company with extensive experience in ports and bases.

“Ventyr is excited to take the next step in the development of the Sørlige Nordsjø II project. Together, we are fully committed to drive positive change through innovation in renewable energy and bringing this project to fruition while delivering tangible benefits to local communities and to Norway as a whole. We are honoured to be part of Norway’s renewable energy future and contribute to its ambition to deliver 30 GW of offshore wind power by 2040.” said François van Leeuw on behalf of Ventyr.

Background on the government’s offshore wind initiative:
The government has an ambition to award areas that has potential for 30,000 MW of offshore wind production by 2040. In 2020, the first areas on the Norwegian continental shelf were opened for offshore renewable energy production, and the authorities have since worked to further develop the regulatory framework in close cooperation with the industry and other users of the sea.

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About Parkwind

Parkwind is an integrated offshore wind business that develops, finances and operates offshore wind farms. Since July 2023, Parkwind has been operating as part of JERA Co., Inc. one of the largest power generational companies in the world. Together, Parkwind and JERA have more than a decade of experience and over 1,500 MW of offshore wind assets under operational management in Belgium, Germany, the UK, Taiwan, and Japan, in addition to an extensive pipeline of offshore wind projects in development around the world including in Belgium, Germany, Ireland, Japan, France, Norway, Greece, and Australia/New Zealand.

Committed to making green energy available and affordable for everyone through its unique approach of covering the entire value chain of offshore wind, Parkwind has established itself as a reliable and competitive partner to communities, governments and suppliers globally.


About Ingka Group

With IKEA retail operations on 31 markets, Ingka Group is the largest IKEA retailer and represents about 90% of IKEA retail sales. It is a strategic partner to develop and innovate the IKEA business and help define common IKEA strategies. Ingka Group owns and operates IKEA sales channels under franchise agreements with Inter IKEA Systems B.V. It has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. Read more on

Ingka Group has so far invested and committed to invest 4 billion Euros in renewable energy projects. 45 windfarms and 12 solar farms are in operation across 16 countries, and another 3 wind farms, 2 solar farms and 1 battery storage project are under construction. In total 593 wind turbines are in operation or under construction. The current operational capacity is producing more than 4TWh per year.

Photographs: Adrian Nielsen

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