JERA Nex bp’s portfolio of operating assets and development projects has a net potential generating capacity of 13GW, which includes around 1GW of installed net generating capacity, a 7.5GW development pipeline and an additional 4.5GW of secured leases.
The new company, headquartered in London, will initially focus on the development of projects from its existing global pipeline while operating existing assets in Europe and Asia.
Nathalie Oosterlinck, CEO of JERA Nex bp, said: “JERA Nex bp begins life with a strong operating portfolio and an extensive development pipeline. We bring together two highly capable teams with the experience, relationships, purchasing power and unique global access of two of the East and West’s pre-eminent energy companies.
“This gives us the expertise and experience to find new ways to create value from offshore wind and become one of the world’s leading companies in the sector.”