BARD Offshore 1
Located 100km NW of Borkum in 40m water depth. Originally BARD Group; rescued by Ocean Breeze Energy (Macquarie) after BARD insolvency.
Status
Operationallifecycle stage
Ownership
OBOcean Breeze Energy GmbH & Co. KG — 100% ◆
Location
GermanyNorth Sea
Technology
Capacity
400 MW ◆
Turbines
80 × 5 MW ◆
Model
Bard 5-0 ◆
Foundation
Tripile ◆
Site & conditions
Site rights
Seabed rights held ∴
Water depth
39–41 m ≈
Distance from shore
100 km ◆
Wind speed
9.9 m/s @ 100 m ≈
Revenue & grid
Offtake
Premium ◆
Grid
Secured · Sep 2013 ◆
Connection
TenneT BorWin1 HVDC (BorwinAlpha offshore converter platform; … ◆
Schedule
FID
Taken · date not recorded ∴
COD
Sep 2013 ◆
Project timeline & ownership verified milestones on the spine · ownership from Hafrok’s transactions record
Acquisition · 2013-11
BARD Group (insolvent) → Ocean Breeze Energy (UniCredit) 100%
- Stake
- 100%
- Consideration
- not disclosed
- Announced
- 2013-11
- Closed
- 2014-03
- Project stage
- operational
BARD Group went bankrupt November 2013 immediately after commissioning (August 2013). Project taken over by Ocean Breeze Energy GmbH, SPV owned by UniCredit/HVB (main project lender), in distressed debt-to-equity conversion. No arm's-length purchase price; lender enforcement action. UniCredit later wrote down ~EUR 259m at exit.
Evidence
- offshorewind.biz ↗
- nsenergybusiness.com — Macquarie to acquire 400MW BARD Offshore 1 wind farm from Unicredit ↗ 2013-11 ◆ held
- tamarindo.global — Bard Offshore 1: 'How we turned it around' ↗ 2013-11 ◆ held
From Hafrok’s transactions record
Secondary trade · 2019-08
UniCredit (Ocean Breeze Energy) → Macquarie 100%
- Stake
- 100%
- Consideration
- not disclosed
- Announced
- 2019-08
- Closed
- 2019-11
- Project stage
- operational
Macquarie (MEIF5-led consortium) acquired Ocean Breeze Energy (100% of BARD Offshore 1) from UniCredit. Deal value undisclosed; UniCredit disclosed negative gross impact of EUR 259m, indicating sale well below loan book value. Announced August 2019; EC approved September 2019; closed ~November 2019.
Evidence
- Macquarie Group — Macquarie Infrastructure and Real Assets agrees to acquire BARD Offshore 1 ↗ 2019-08-07 ◆ held
From Hafrok’s transactions record
Dashed tick marks today (13 Oct 2026). Ownership lives in the band below: one station per recorded deal, dated at its label, in deal order rather than to calendar scale. Secondary trades appear only at the interchanges; grey lines are parties whose entry or exit Hafrok’s record does not hold.
Announced-COD history: 2013-Q3→2013-09 · 2 recorded revisions · held within the year (first announced 2013-Q3, latest 2013-09)
Revenue & offtake the regime the project was built under
Offtake regime on record
RegimeThe farm company's accounts (filings for FY2019, FY2021, FY2023 and FY2024) state that it sold the power by direct marketing and received the market premium from TenneT under the compressed tariff ('Stauchungsmodell'): 19 ct/kWh for the first 8 years (16 turbines left that band in 2020, the other 64 in 2021), then 150 EUR/MWh plus a 4 EUR/MWh direct-marketing premium, then 35 EUR/MWh (7 turbines by 31 Dec 2024). From early November 2023 one of the farm's two grid connection points was opted out of direct marketing onto the fixed tariff, and turbines off the higher tariff are hedged by financial virtual PPAs with Cargill and Mars and, from 2026, by an RWE contract fixing the price for 85% of their output.
Instrumentmarket premium
A built project sells its power under the contract or support regime it was financed with; it is not expected to bid into new government offtake rounds. Where the record does not yet name that regime, the row says so rather than guessing.
Installation how the build is going · from sourced statements and Hafrok’s registers
Installation complete
Installation · on record
StageOperational
In operation since2013-09
Offshore construction2010 → 2013-09
Grid connection
from Hafrok’s substation, converter and cable registers
Offshore platforms · 2
Offshore substationUmspannplattform "BARD 1"·155 kV · in service 2010 · owner BARD Offshore 1 wind farm owner (farm-owned platform, distinct from the adjacent TenneT converter)
HVDC systemBorWin1·400 MW · ±150 kV · in service 2010
Converter supplierABB (HVDC business now Hitachi Energy)·BorWin1 · Vlissingen, Netherlands · for TenneT
Grid connection · ready in time?
when each part of the grid connection is due, against the start date the developer states (black line) · a bar spans the whole year, quarter or month the source gives
installed or in serviceexpected deliveryearlier date that was later moved
Sources & verification
Rests on 17 sources (9 primary) · ◆ 13 documents held
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Regulator2
[1]
Bundesamt fuer Seeschifffahrt und Hydrographie (BSH)2007-04-11◆ Genehmigungsbescheid Offshore-Windpark B…
“Hamburg, den 11. April 2007 Genehmigungsbescheid [...] 1. Gegenstand dieser Genehmigung sind 80 (achtzig) WEA einschließlich Nebenanlagen wie der parkinternen Verkabelung”
supportsConsentTurbinesConsent granted
[12]
Bundesnetzagentur — Marktstammdatenregister2026-08-23◆ Marktstammdatenregister (MaStR) offshore…
“Park row "Bard Offshore 1 - C1 - 51573657505": 8 units, 44.0 MW gross, statuses {'In Betrieb': 8}, operators ['Ocean Breeze Energy GmbH ＆ Co. KG'], commissioned 2012-06-16..2013-04-28, planned None..N…”
supportsRegister entry
Operator8
[2]
Ocean Breeze Energy GmbH & Co. KG2025
“80 BARD 5.0 wind energy converter of the 5 megawatt-Class totalling 400 MW. Tripiles consisting of three hollow cylindrical piles (3.35 m diameter) connected through a transition piece. Water depth: u…”
supportsFirst powerCommercial operationCOD historyTurbinesModel+3 more
[3]
Macquarie Group2019-08-07◆ Macquarie Infrastructure and Real Assets…
“Macquarie Infrastructure and Real Assets (“MIRA”), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offsh…”
supportsTurbinesUnit capacityTotal capacityDistance from shore
[6]
RWE Supply & Trading GmbH2023-04-12◆ RWE and Ocean Breeze Energy sign green P…
“RWE Supply & Trading and Ocean Breeze Energy , owner and operator of the offshore wind farm BARD Offshore 1, have entered into a long-term green power purchase agreement. As early as April 2023, RWE S…”
supportsMechanismDetail
[13]
Bundesanzeiger2021-04-29◆ Ocean Breeze Energy GmbH & Co. KG, Breme…
“Die Ocean Breeze Energy GmbH & Co. KG (im Folgenden kurz: Gesellschaft oder „OBE“) hat ihren Sitz in Bremen. Das zuständige Registergericht ist das Amtsgericht Bremen, HRA 26958 HB. ... "Im gesamten a…”
supportsMechanismDetail
[14]
Unternehmensregister2023-05-11◆ Ocean Breeze Energy GmbH & Co. KG, Breme…
“Die Ocean Breeze Energy GmbH & Co. KG (im Folgenden kurz: Gesellschaft oder „OBE“) hat ihren Sitz in Bremen. Das zuständige Registergericht ist das Amtsgericht Bremen, HRA 26958 HB. ... "Reduzierung d…”
supportsMechanismDetail
[15]
Unternehmensregister2025-03-28◆ Ocean Breeze Energy GmbH & Co. KG, Breme…
“Die Ocean Breeze Energy GmbH & Co. KG (im Folgenden kurz: Gesellschaft oder „OBE“) hat ihren Sitz in Bremen. Das zuständige Registergericht ist das Amtsgericht Bremen, HRA 26958 HB. ... "Bei dem Beric…”
supportsMechanismDetail
[16]
Unternehmensregister2025-11-18◆ Ocean Breeze Energy GmbH & Co. KG, Breme…
“Die Ocean Breeze Energy GmbH & Co. KG (im Folgenden kurz: Gesellschaft oder „OBE“) hat ihren Sitz in Bremen. Das zuständige Registergericht ist das Amtsgericht Bremen, HRA 26958 HB. ... "Im gesamten a…”
supportsMechanismDetail
[17]
Macquarie Group2019-08-07◆ Macquarie Infrastructure and Real Assets…
“Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshor…”
supports↳ parent
Trade press6
[4]
Offshore Wind Biz2019-09-25◆ Macquarie Cleared to Buy German Offshore…
Press report — cited, not quoted; read it at the source link.
supportsoperator
[5]
Offshore Wind Biz2013-08-02◆ Germany: BARD Offshore 1 Completed ahead…
Press report — cited, not quoted; read it at the source link.
supportsCommercial operationTurbinesTotal capacity
[7]
IRENA / GWEC2013◆ 30 Years of Policies for Wind Energy: Le…
“the tariff for offshore wind energy was increased to eur 0.13/kwh (usd 0.18/kwh) plus an additional “sprinter bonus” of eur 0.02/kwh (usd 0.03/kwh) for projects which start operation before the end of…”
supportsMechanismDetail
[8]
NS Energy Business2023◆ BARD Offshore 1 Wind Farm in German Nort…
Press report — cited, not quoted; read it at the source link.
supportsFinal investment decisionOffshore constructionSite rightsStatusConnection point
[10]
[11]
Encyclopaedic1
[9]