WPD

What WPD does

WPD is a German independent power producer (IPP) headquartered in Bremen that develops, finances, constructs, and operates onshore wind and solar parks across more than 30 countries. Founded in 1996 and organized as wpd onshore GmbH & Co. KG (a limited partnership with a managing general partner), the company manages 7,175 MW of installed capacity, has erected 2,840 wind turbines, and maintains an own-portfolio IPP business of 3,192–3,512 MW. Its development pipeline includes approximately 31,585–38,545 MW of onshore wind and 7,360–8,015 MW of solar PV in planning, supported by wholly-owned local subsidiaries in jurisdictions spanning Europe, North America, South America, and Asia-Pacific.

The company's core offering spans the full asset lifecycle — site origination, permitting and grid-connection, financing structure, turbine and module procurement (with Nordex, Vestas, and Enercon as principal OEMs), construction management, and long-term operations through the wpd windmanager control center. WPD generates revenue from (i) electricity sales from its own IPP portfolio, (ii) long-term Power Purchase Agreements (PPAs) structured for corporate off-takers such as Currenta/Bayer and Nomura Real Estate Development, (iii) project development services for third-party institutional investors (including a recurring partnership with Foresight Group), and (iv) equity investment offerings in wind and solar projects.

WPD serves a diversified customer set: corporate and industrial off-takers seeking renewable supply, German and international municipalities (e.g., Zweckverband Bodensee-Wasserversorgung), institutional investors in renewable infrastructure, agricultural landowners providing leased sites, and local communities through citizen participation models (Bürgerbeteiligung). GTM motion is enterprise field sales executed through ~19 German offices and 60+ international locations; pricing is not publicly disclosed and is structured per-project under bespoke PPA, investment, and asset-management arrangements. The company operates at approximately 1,400 employees globally and continues to expand in both established European markets and newer geographies such as Japan, Taiwan, Canada, and Vietnam.

Name

WPD

Legal name

wpd onshore GmbH & Co. KG

Website

https://wpd.de

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

WPD is a German independent power producer (IPP) developing, financing, building, and operating onshore wind and solar parks across 32 countries. It serves corporate off-takers, municipalities, and institutional investors with renewable energy supply, long-term PPAs, and project investment offerings.

Ownership category

akta.pro rank

Product category

Renewable Energy Development

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)

SIC

Electric Services (4911)

akta.pro primary industry

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)

akta.pro secondary industries

Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy) (EUAMAAAE), Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD)

Keywords

• Onshore wind development
• Solar project development
• Renewable energy financing
• Wind farm operations
• Power purchase agreements

Headquarters

HQ city

Bremen

HQ country

Germany

HQ region

Europe

Offices71 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel

Revenue model

1. Independent Power Producer (IPP) Operations: WPD develops, finances, builds, and operates wind and solar parks in own portfolio. Revenue generated from electricity generation and sale, with projects in Eigenbestand (own portfolio) totaling 3,192-3,512 MW capacity.
2. Power Purchase Agreements (PPAs): Long-term electricity supply contracts with corporate, municipal, and industrial off-takers for renewable energy from WPD-operated projects.
3. Project Development Services: Full lifecycle project development from site identification, permitting, financing structure, turbine/module procurement, construction management to operational management for third-party investors.
4. Project Investment Offerings: Equity investment opportunities in wind and solar projects for institutional and private investors seeking returns from renewable energy assets.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

WPD is a German independent power producer (IPP) that develops, finances, constructs, and operates onshore wind and solar parks globally across 32+ countries. The company delivers full-lifecycle renewable energy services including site identification, permitting, project financing, turbine/module procurement, construction management, and long-term operation, with 7,175 MW installed capacity and a 38,545 MW wind / 8,015 MW solar pipeline. WPD also structures Power Purchase Agreements (PPAs) for corporate and municipal off-takers and offers investment opportunities in wind and solar projects.

Product overview

wpd is a German independent power producer (IPP) and project developer specializing in onshore wind and solar energy projects. The company offers end-to-end services including project development, financing, construction, and operational management of wind and solar parks. Core service offerings span wind energy development (onshore Germany and international), solar energy development, wind park management, power purchase agreement (PPA) structuring, investment services, citizen participation models, forest wind energy, and repowering of existing wind installations. wpd operates across 32 countries with a project pipeline of approximately 38,545 MW for wind onshore and 8,015 MW for photovoltaics. The company has installed capacity of 7,175 MW and manages approximately 2,840 erected wind energy systems through its windmanager subsidiary.

Differentiator

Problem solved

Functional benefit

Brands

• wpd windmanager: Wind park management subsidiary providing monitoring and technical services for wind farms globally
• wpd Solar France

Products and services

• Onshore Wind Park Development

Quantifiable outcome

• 7,175 MW installed capacity across wind and solar globally
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core and minor.

• GPSS GroupcoreStrategic or Co-development Partner · 1 June 2026Joint venture partnership for Higashi Izu Furusato wind farm project in Japan. GPSS Group collaborated with WPD on this 7.48 MW project featuring three Enercon turbines, representing WPD's first completed renewable energy project in Japan and first collaborative project in Asia.
• Nomura Real Estate Development (through NF Power Services)coreStrategic or Co-development PartnerCorporate PPA partnership where Nomura Real Estate Development purchases renewable energy through NF Power Services from WPD's Higashi Izu Furusato wind farm, marking WPD's entry into the Japanese market.
• Nordex GroupcoreTechnology or IntegrationMajor turbine supply partnership with Nordex for 40 wind turbines totaling 279.2 MW across nine German wind farm projects (36 N163/6.X turbines and 4 N175/6.X turbines, the latter being Nordex's first deployment in Germany). Includes 15-year premium service contracts. Follows prior 126 MW order in September 2025.
• VestascoreTechnology or IntegrationTurbine supply partnership for three orders totaling 191 MW in Germany and Poland, including V172-7.2 MW, V162-6.2 MW, V150-6.0 MW, and V150-4.0 MW models with service agreements up to 25 years.
• Currenta GmbH & Co. OHGcoreStrategic or Co-development PartnerPPA partnership for Lautlingen Süd solar project (9.8 MWp) supplying green electricity to Currenta's Chempark sites. Currenta manages three major chemical parks in NRW (Leverkusen, Dormagen, Krefeld-Uerdingen) and serves customers including Bayer AG.
• EnerconcoreTechnology or IntegrationTurbine supplier for wind projects including Higashi Izu Furusato (3 turbines). Enercon is a key technology partner for WPD's wind development activities.
• wpd windmanagercoreStrategic or Co-development PartnerRelated company providing wind park management services including 24/7 monitoring through proprietary control center for WPD-operated wind parks and substations globally.
• Deutsche Windtechnik AGminorImplementation/ SI/ Consulting PartnerTechnical operating partnership for wind energy plant service. WPD windmanager cooperates with Deutsche Windtechnik AG in many projects as one of the leading service companies in Germany.
• CryocoreStrategic or Co-development PartnerDevelopment partnership for 140.6 MW Marcy solar park in France. Cryo is developing the agrivoltaic project combining renewable energy with sustainable agriculture and biodiversity measures.
• atmosfairminorStrategic or Co-development PartnerClimate protection partnership supporting construction and maintenance of small biogas plants in Nepal, solar drinking water in Togo, health center electrification in Madagascar, and other climate projects to compensate WPD's office emissions.
• medico international e.V.minorStrategic or Co-development PartnerPartnership for rainforest conservation project in Guatemala (Bosque de Los Cimentos) with local NGO FUNCEDESCRI, focusing on reforestation and sustainable forest use education.
• Landesforstanstalt Mecklenburg-Vorpommern (LFoA)minorStrategic or Co-development PartnerPartnership for moor rewetting project in Mecklenburg-Vorpommern to improve landscape water balance and support climate protection.
• Health And Nutrition Development Society (HANDS)minorStrategic or Co-development PartnerPartnership for Pakistan solar lamp project distributing solar LED lamps to replace petroleum lamps and candles in off-grid villages.
• naturwindminorStrategic or Co-development PartnerCooperation with naturwind for wind project development. Bernd Jeske, Managing Director, notes WPD as reliable partner with extensive experience in development, financing, construction, and operation.
• KlimaktivminorImplementation/ SI/ Consulting PartnerCO2 calculation service provider for WPD's annual climate balance sheet. Klimaktiv provided customized calculation tool based on international standards (GHG Protocol, ISO 14064-1) for WPD's 29-country, 78-office emissions accounting.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Vattenfall AB: Swedish state-owned utility with one of Europe's largest renewable generation portfolios spanning onshore and offshore wind plus solar. Overlaps with WPD on European onshore wind and PPA origination, though at much greater scale and balance sheet.
• EDF Renewables: Renewables subsidiary of EDF with a multi-GW wind and solar portfolio across Europe and international markets. Competes with WPD in French, German, and selected international tenders and PPA markets.
• RWE AG: German utility whose RWE Renewables arm operates a global multi-GW wind and solar portfolio plus a large development pipeline. Significantly larger than WPD and competes directly for German auction volumes, sites, and corporate PPAs.
• Iberdrola Renovables: Spanish utility's global renewables business with major wind (onshore and offshore) and solar IPP operations across Europe, the Americas, and Asia-Pacific. Directly comparable to WPD's global renewable IPP footprint though at much larger scale.
• EDP Renováveis: Portugal-based global wind and solar IPP with significant operating portfolio and pipeline across Europe, North America, and Latin America. Highly comparable to WPD on global renewable IPP model and integrated developer-plus-owner structure.

Direct peers

• juwi AG: German wind and solar project developer with global operations including repowering and hybrid projects, now majority-owned by EnBW. Directly comparable to WPD on integrated wind/solar IPP and German mid-market developer positioning.
• Encavis AG: Hamburg-based wind and solar Independent Power Producer with an owned portfolio of ~3 GW and a comparable European project pipeline. Closely matches WPD on geography, technologies, and the hybrid IPP-plus-PPA business model (acquired by KKR/MSC in 2024).
• ABO Wind AG: Privately held German wind and solar project developer covering full-lifecycle development alongside IPP holdings. Comparable to WPD on business model mix and German-led international expansion across onshore wind and solar PV.
• PNE AG: Frankfurt-listed German wind and solar project developer operating in Germany and selected international markets. Closely comparable to WPD on integrated IPP-plus-development services model and German-market primacy.
• Energiekontor AG: German wind and solar project developer and IPP active in Germany and the UK. Similar to WPD on full-lifecycle model and PPA structuring, though smaller in scale and pipeline depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WPD