Project

Norfolk Vanguard East & West Offshore Wind

United KingdomOffshore Wind, Power Generation, Energy Infrastructure, Renewable EnergyReviewed 11 September 2026

Two offshore wind projects in the southern North Sea off Norfolk with 3.1GW of combined capacity, developed by RWE and awarded the largest single Contract for Difference in Allocation Round 7 (January 2026). RWE and KKR agreed a 50/50 partnership on each project, with KKR's acquisition subject to customary regulatory approvals and closing expected in summer 2026 at the last review.

Status

Development / PlanningStatus
AwardedProcurement Status

Scale & Capacity

3.1 GWCombined Capacity

Overview

Location
Southern North Sea, off Norfolk, England
Revenue / Payment Model
Contract for Difference (CfD), Allocation Round 7 (Jan 2026 award) — largest single AR7 award.
Scale / Scope
3.1 GW combined capacity (Vanguard East + West). RWE (developer) and KKR agreed a 50/50 partnership on each project following the AR7 award; KKR's acquisition of 50% into each RWE-developed asset is subject to customary regulatory approvals, closing expected summer 2026 — record created at Development/Planning status; to be revisited once the KKR transaction closes.

Project Developments

  • Market · 14 January 2026RWE and KKR agree 50/50 partnership on Norfolk Vanguard East & West following AR7 award

    RWE and KKR agreed a 50/50 partnership on the Norfolk Vanguard East and West offshore wind projects (3.1GW combined) following their Allocation Round 7 CfD award — the largest single AR7 award. KKR's 50% acquisition into each RWE-developed asset is subject to customary regulatory approvals, closing expected summer 2026.

Participants & Roles

Legal Adviser

Investor / Shareholder

Sponsor / Developer

Sources
  • RWE — press release, KKR partnershipProject Company / Sponsor
  • Ofgem — Allocation Round 7 resultsRegulatory / Procurement