Macquarie Infrastructure and Real Assets has acquired Ocean Breeze Energy, owner of the 400 MW BARD offshore wind farm in Germany, to enhance its renewable energy portfolio amidst the growing demand for clean energy solutions.

Information on the Target

The target of this acquisition is Ocean Breeze Energy (OBE), the owner and operator of the 400 MW BARD offshore wind farm located in Germany. Established in 2007, OBE has been operational since 2013 and is recognized for its significant contributions to renewable energy generation. The firm also manages the Rysumer Nacken onshore test site, featuring two 5 MW turbines, and operates the Wind Lift 1 jack-up vessel, enhancing its operational capabilities.

In addition to its existing assets, Ocean Breeze Energy benefits from a guaranteed tariff under the German feed-in tariff regime, which is secured until 2027. This long-term pricing strategy provides financial stability and predictability, making the company an appealing acquisition target.

Industry Overview in Germany

Germany is a leader in the renewable energy sector, having adopted policies aimed at transitioning away from fossil fuels. The country has made significant investments in wind energy, which ha