Parkwind
About
A Belgian company, registered in Leuven, that develops, finances, builds and operates offshore wind farms: its 2025 accounts describe it as active in Belgium with 555 MW of producing capacity and in Germany with 257 MW. Its Belgian farms are Belwind, its second phase Nobelwind, and Northwester 2, and its German farm is Arcadis Ost 1 in the Baltic Sea; it sold its Northwind holding in 2024. The Japanese energy group JERA completed its acquisition of Parkwind in July 2023, and since August 2025 it has sat within JERA Nex bp, JERA's 50:50 offshore wind joint venture with bp. In July 2026 JERA Nex bp bought Sumitomo Corporation's stakes, taking Northwester 2 to 100% and Nobelwind to 80.1%. Further afield it is developing a 1,500 MW project in Norway through Ventyr, a 51% joint venture, and holds more than 3,000 MW of pipeline in Ireland and Australia.
Outlook
as of 2026-10Parkwind is the Belgian offshore wind business acquired by JERA and, since August 2025, part of JERA Nex bp, the 50:50 offshore wind joint venture of JERA and bp. Its FY2025 consolidated accounts, filed in June 2026, give 555 MW in operation in Belgium and 257 MW in Germany, a 1,500 MW project in development in Norway and more than 3,000 MW of pipeline in Ireland and Australia. In 2025 it put about EUR 50m of new capital into Ventyr SNII, its 51% Norwegian joint venture, took Blue Mackerel North in Australia to full ownership and paid its shareholder a EUR 50m dividend. The accounts set out the new owner's posture: disciplined, prioritised development from the existing pipeline, a portfolio ranked on value, and use of external capital. The latest move adds to assets it already runs: in April 2026 Parkwind bought Sumitomo's stakes in Northwester 2, taking it to 100%, and in Nobelwind, taking it to 80.1%, a deal JERA Nex bp framed as disciplined investment.
What they've said
4 statements 2026-06 – 2026-07
- Northwester 2 and Nobelwind stake acquisition from Sumitomo
“This transaction strengthens our position in an attractive portfolio of assets that we operate and know very well. Belgium has been central to our offshore wind journey for more than a decade, and we remain committed to safely and reliably delivering renewable energy through these projects for years to come.”
Zlati Christov, Chief Investment Officer, JERA Nex bp source → - FY2025 consolidated annual accounts (NBB filing)
Parkwind describes itself as a group that develops, finances, builds and operates offshore wind farms, with 555 MW of generating capacity in Belgium and 257 MW in Germany. It is developing a 1,500 MW project in Norway and has more than 3,000 MW in its pipeline in Ireland and Australia.
Hafrok summary source → - FY2025 consolidated annual accounts (NBB filing)
The accounts state the new owner's posture: JERA Nex bp will first focus on disciplined, prioritised development of projects from its existing global pipeline while operating its assets in Europe and Asia, will keep ranking its portfolio on value, and will use access to external capital and competitive financing.
Hafrok summary source → - FY2025 consolidated annual accounts (NBB filing)
In 2025 Parkwind put about EUR 50m of new capital into Ventyr SNII, its 51% Norwegian joint venture, bought a further 25% of Blue Mackerel North in Australia to own it outright, and paid a EUR 50m dividend to its shareholder.
Hafrok summary source →
Portfolio
6 held + 1 exited · live stages first, exits lastCapacity is net of ownership stake: a 50% JV counts half. Gross exposure (full nameplate of every project held): 2.81 GW.
| Project | Country | Stage | MW | Stake | Net MW |
|---|---|---|---|---|---|
| Arcadis Ost 1 | Germany | Operational | 257 | 100% | 257 |
| Northwester 2 | Belgium | Operational | 219 | 100% | 219 |
| Nobelwind | Belgium | Operational | 165 | 80.1% | 132 |
| Belwind↓ farmed down | Belgium | Operational | 165 | 41% | 68 |
| Sørlige Nordsjø II (Phase 1) | Norway | Advanced Development | 1500 | 51% | 765 |
| Clogherhead Offshore Wind Farm | Ireland | On Hold | 500 | 35% | 175 |
| Northwind | Belgium | Divested 2013-07 | 216 | 30% sold | — |
Divested & farmed down
every recorded sale by this developer · newest first| Announced | Project / portfolio | Type | Stake sold | €m | Buyer |
|---|---|---|---|---|---|
| 2013-07 | Belwind | farmdown | 39.02% | — | Sumitomo Corporation |
| 2013-07 | Northwind | farmdown | 30% | — | Sumitomo Corporation |
Ownership history comes from the transaction database; the portfolio above is the current snapshot only. "Joint" stakes are the consortium total (per-seller split not disclosed) and are excluded from the stake-weighted GW figure.