DNV GL completed due diligence work of Nordergründe

Friday, 2 September, 2016 - 10:30

The certification body DNV GL has successfully reviewed and quantified the technical risks of the offshore wind farm “Nordergründe” in the German North Sea.

The John Laing Group had commissioned DNV GL with the assessment of the project to make its investment decision. The international investor has announced that it acquired a 30% stake of the 110 MW wind farm. “Nordergründe” is the first offshore wind investment for John Laing.

Through DNV GL’s independent technical and planning evaluation, the John Laing Group received a realistic assessment for the shareholding in the offshore project with 18 wind turbines. As part of the due diligence, DNV GL took over the review and assessment of approvals, grid connection, development of the wind farm, technology, competence of contract partners and Operation & Maintenance Services. To complete the due diligence, DNV GL conducted a risk analysis in which all technical aspects of the project were evaluated. In addition, DNV GL provided an analysis of the best- and worst-case scenarios of the offshore project to the client. The holistic approach of DNV GL enabled the due diligence team to carry out intensive testing in a very short period of time.

Tanja Peschel / DNV GL

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