• RWE and KKR completed a 50:50 joint venture to develop Britain's Vanguard West and Vanguard East offshore wind projects.
• The wind farms and associated grid infrastructure will require about GBP 12 billion in investment, delivering 2.8 gigawatts of capacity.
• A 35-bank consortium provided non-recourse project financing comprising GBP 11.1 billion in cash loans and GBP 1.7 billion in additional facilities.
• Both projects secured 20-year, inflation-indexed, two-sided contracts for difference at GBP 91.20 per megawatt-hour in 2024 prices.
• Offshore construction is scheduled to begin in early 2027, with both wind farms expected to be fully operational in 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RWE AG published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.