OWP Nordergründe GmbH & Co. KG
German project company of the wpd group, set up to develop, finance, build and operate the Nordergründe offshore wind farm in the German North Sea.
Last updated September 29, 2026
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Overview
OWP Nordergründe GmbH & Co. KG is a German project company belonging to the Bremen-based wpd group, a developer and operator of onshore wind, offshore wind and solar projects. The entity is a special-purpose vehicle whose name links it to the Nordergründe offshore wind farm in the German North Sea, a project developed by wpd. As a GmbH & Co. KG it is a German limited partnership with a limited liability company as general partner, a structure commonly used for wind and solar project companies because it combines limited liability for investors with partnership taxation. The company sits within wpd's wider portfolio. According to wpd's own website, the group plans and operates wind and solar projects in Germany, Europe, Asia and the Americas, accompanying projects across their entire lifetime from first idea through to decommissioning or repowering. wpd states that it leases land, configures wind farms to individual requirements, handles permits, structures financing, secures equipment purchase conditions and manages project construction. The group reports 7,175 MW of installed capacity, 1,400 employees, 38,545 MW of onshore wind in planning, 2,840 erected wind turbines, activities in 32 countries and 8,015 MW of photovoltaics in planning. OWP Nordergründe itself is not a consumer-facing brand. It is a corporate and project-finance vehicle, and its public profile is tied to the Nordergründe offshore wind farm and to wpd's offshore development activities. Its registered identity is German, and its commercial purpose is the ownership, financing and operation of renewable-energy generation assets. Because the entity is a project company rather than a listed group, it does not have its own stock ticker; it is controlled within the privately held wpd group. For a brand knowledge base, OWP Nordergründe is best classified as a sub-brand or project-company brand under the wpd corporate umbrella, operating in the independent power / renewable energy development segment. Its relevance lies in the offshore wind sector: it represents the legal and financial structure through which a specific German North Sea wind farm was realised, rather than a product line sold to customers.
History
OWP Nordergründe GmbH & Co. KG is a German project company associated with the wpd group, a Bremen-based renewable-energy developer. Its name refers to the Nordergründe offshore wind farm in the German North Sea, a project developed by wpd. The entity was established as a special-purpose vehicle to hold, finance, build and operate that offshore wind farm, following the standard German project-company model of a GmbH & Co. KG. wpd itself has grown into an international developer and operator of wind and solar projects. According to the company's website, wpd plans and operates wind and solar projects in Germany, Europe, Asia and on the American continent, accompanying projects over their entire lifetime from the first idea through to dismantling or possible repowering. The group describes a full-service approach: leasing land, configuring wind farms to individual requirements, obtaining permits, structuring financing, securing favourable turbine purchase conditions and ensuring smooth project construction. wpd reports 7,175 MW of installed capacity, 1,400 employees, 38,545 MW of onshore wind in planning, 2,840 erected wind turbines, operations in 32 countries and 8,015 MW of photovoltaics in planning. Within this structure, OWP Nordergründe represents the offshore wind segment and specifically the Nordergründe project. Offshore wind development in Germany is characterised by large capital requirements, complex permitting and dedicated project companies that isolate risk and financing for a single wind farm. OWP Nordergründe fits this pattern: it is not a listed company and does not market products to consumers, but functions as the legal and financial vehicle for a North Sea generation asset. Because the entity is a project company, its history is closely tied to the Nordergründe offshore wind farm and to wpd's broader offshore activities rather than to standalone corporate milestones. Public information about the company is limited to its registration as a German company and its association with wpd's project portfolio. Its continued status is active as part of the wpd group's operating assets.
Products and positioning
Project company within the wpd group for the development, financing, construction and operation of the Nordergründe offshore wind farm.
Nordergründe offshore wind farm
Offshore wind farm in the German North Sea developed by the wpd group and associated with the project company OWP Nordergründe GmbH & Co. KG.
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