Amazon, BlackRock’s Skyborn Sign Germany’s Largest PPA Agreement for Baltic Offshore Wind Farm
- Amazon signed a 600 MW power purchase agreement with Skyborn Renewables, the largest single PPA ever signed in Germany.
- The deal supports the 976.5 MW Gennaker offshore wind farm, which is expected to power more than one million German households each year.
- The project will drive about €3 billion in regional investment and support Germany’s 30 GW offshore wind target for 2030.
Amazon has signed Germany’s largest-ever single power purchase agreement, committing to buy 600 megawatts of carbon-free electricity from Skyborn Renewables’ Gennaker offshore wind farm in the Baltic Sea.
The agreement gives Skyborn the revenue certainty needed to move the project toward construction. For Germany, it brings new private-sector backing to one of the country’s most important offshore wind developments.
Gennaker will add up to 976.5 MW of offshore wind capacity to Germany’s electricity system. Once operational, the project is expected to generate enough carbon-free electricity to power more than one million German households each year.
The deal also places corporate energy procurement at the centre of Europe’s renewable buildout. As governments face rising demand, grid constraints and energy security pressures, long-term PPAs are becoming a key financing tool for large infrastructure projects.
Germany’s Baltic Wind Buildout Gains Momentum
Gennaker is set to become the largest offshore wind farm in the German Baltic Sea. The project will sit about 15 kilometres north of the Fischland-Darß-Zingst peninsula in Mecklenburg-Western Pomerania.
Skyborn has developed the project from its earliest stage. It secured the construction permit in December 2025 and plans to install 63 offshore wind turbines, each with 15 MW of capacity.
Construction is expected to begin after Skyborn reaches financial close in summer 2026. The wind farm is scheduled to become operational toward the end of 2028.
For Germany, the timing matters. The country is targeting 30 GW of installed offshore wind capacity by 2030. Gennaker will support that goal while adding domestic renewable power in the Baltic Sea, a region with strategic value for energy security.
The project also comes as companies across Europe seek cleaner electricity for data centres, logistics networks and industrial operations. Large PPAs can reduce exposure to volatile power prices while helping developers secure bankable revenue.
Regional Jobs and Industrial Supply Chains
Skyborn’s project will bring about €3 billion in investment to Mecklenburg-Western Pomerania. The regional impact will extend beyond power generation.
The monopile foundations will be manufactured by EEW Special Pipe Constructions GmbH in Rostock. The facility is located about 40 kilometres from the Gennaker site and employs around 1,000 people.
That supply-chain link gives the project a clear industrial-policy dimension. Offshore wind is no longer only a climate tool. It is also a regional growth strategy, tied to manufacturing, ports, engineering and long-term employment.
Manuela Schwesig, Minister-President of Mecklenburg-Western Pomerania, said: “Gennaker is the largest energy investment ever made in Mecklenburg-Western Pomerania. We need powerful large-scale offshore wind farms to achieve the energy transition and supply citizens and businesses with environmentally produced electricity. The power purchase agreement between Skyborn Renewables and Amazon is a hugely important message for our state. It demonstrates that major corporations are investing in wind power from Mecklenburg-Western Pomerania. By generating large volumes of electricity off our coast, the project is highly attractive for energy-intensive industries and creates jobs and long-term value in the region.”

Amazon Expands Its German Clean Energy Portfolio
The Gennaker agreement is Amazon’s largest single carbon-free energy deal in Germany. With this PPA, Amazon’s German carbon-free energy portfolio now includes 12 projects with more than 1.3 GW of capacity.
Once fully operational, those projects are expected to generate enough carbon-free energy to power more than 1.8 million German homes annually.
Amazon is Europe’s largest corporate purchaser of carbon-free energy. The company also co-founded The Climate Pledge in 2019, committing to reach net-zero carbon across its operations by 2040.
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Rocco Bräuniger, Country Manager Amazon Germany, Austria and Switzerland, said: “Long-term collaboration between the public and private sectors is key to advancing Germany’s energy transition. By signing our largest power purchase agreement in Germany, we’re giving Skyborn the certainty to move forward with Gennaker, bringing nearly one gigawatt of new offshore wind capacity onto the grid, strengthening Germany’s energy security, and supporting jobs and investment in the region.”

Adam Thomsen, Chief Development Officer of Skyborn Renewables, said: “This agreement with Amazon marks a defining milestone for Gennaker and Skyborn. As our blueprint project, Gennaker demonstrates how large-scale offshore wind can be delivered in a reliable, scalable way. It also reflects the growing need to connect renewable electricity generation with robust and forward-looking infrastructure that enables a resilient energy system. I am extremely proud of our teams to make this happen.”

What Executives and Investors Should Take Away
For C-suite leaders, the agreement shows how clean power procurement is shifting from sustainability reporting to strategic infrastructure finance.
For investors, it highlights the role of creditworthy corporate buyers in unlocking large renewable projects. PPAs can reduce revenue risk, support financial close and help developers move capital-intensive assets from permit stage to construction.
For policymakers, Gennaker links climate goals with domestic energy security and regional economic development. That combination will shape Europe’s energy transition as demand rises from digital infrastructure, industry and electrification.
Germany’s largest PPA is therefore more than a corporate clean power deal. It is a test case for how Europe can finance offshore wind at scale while keeping economic value close to home.
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