Triton Knoll

What Triton Knoll does

Triton Knoll is an 857MW offshore wind farm located 32km (20 miles) off the Lincolnshire coast and 28 miles from the north Norfolk coast in the UK, fully operational since January 2022 following turbine commissioning. The project consists of 90 MHI Vestas 9.5MW turbines and is supported by a 57km onshore electrical infrastructure — the UK's longest onshore wind farm connection — running from Bicker Fen to Anderby Creek and completed in October 2021. Once fully operational, the wind farm generates enough renewable electricity to power over 800,000 typical UK households, equivalent to all households in Lincoln, Leeds, Sheffield and Nottingham combined.

The project is structured as a private joint venture owned by RWE (59%), J-Power (25%), and Kansai Electric Power (16%), with RWE serving as the operating partner responsible for construction and long-term operations and maintenance from the Grimsby Hub facility at Royal Docks, Grimsby. Triton Knoll sells 100% of its electricity output to the UK national grid under a Contract for Difference (CfD) awarded by the UK Government in September 2017, providing long-term revenue certainty through guaranteed strike prices. The project has an expected operational lifespan of 20-25 years. In December 2023, the transmission assets were divested to Triton Knoll OFTO Limited — a consortium of Equitix Limited and TEPCO Power Grid Incorporated selected by Ofgem through competitive tender in November 2021 — for a 23-year ownership and operation period under the UK's OFTO regime.

Name

Triton Knoll

Legal name

Triton Knoll Offshore Wind Farm Ltd

Website

https://tritonknoll.co.uk

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Triton Knoll is a fully operational 857MW UK offshore wind farm (90 MHI Vestas turbines) off the Lincolnshire coast, jointly owned by RWE, J-Power, and Kansai Electric Power, generating renewable electricity for over 800,000 UK households under a government-backed Contract for Difference.

Ownership category

akta.pro rank

Product category

Offshore Wind Power Generation

NAICS

Wind Electric Power Generation (221115)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Offshore Wind Power Generation (Fixed-Bottom) (EUACAFAB)

akta.pro secondary industries

Wind Operations, Maintenance & Asset Management (Scheduled/Unscheduled) (EUAMACAH), Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)

Keywords

• Offshore wind farm
• Renewable energy generation
• Wind power infrastructure
• Electricity generation
• Clean energy projects

Headquarters

HQ city

Swindon

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Generation and Sale: The wind farm generates renewable electricity sold to the UK national grid under a Contract for Difference (CfD) from the UK Government (awarded September 2017). The CfD provides long-term revenue certainty for renewable energy projects. Once fully operational, capable of generating enough renewable energy for over 800,000 typical UK households.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Triton Knoll operates an 857MW offshore wind farm consisting of 90 MHI Vestas turbines located 32km off the Lincolnshire coast, generating renewable electricity for the UK National Grid under a Contract for Difference. The project includes a 57km onshore electrical system (the UK's longest onshore wind farm connection) and is supported by the Grimsby Hub operations and maintenance facility. Once fully operational, it generates renewable energy sufficient for over 800,000 UK households.

Product overview

Triton Knoll is an offshore wind farm infrastructure project, not a software product. The portfolio consists of the 857MW Triton Knoll Offshore Wind Farm (the core product - 90 turbines generating renewable energy), supported by The Grimsby Hub operations and maintenance facility, the onshore electrical system infrastructure (including the UK's longest wind farm connection at 57km), and community investment services through the Triton Knoll Community Fund. The project also includes an education programme through RWE's Wind Turbine Technician apprenticeship. The wind farm is owned by RWE (59%), J-Power (25%), and Kansai Electric Power (16%), with RWE responsible for operations and maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Triton Knoll Offshore Wind Farm An 857MW offshore wind farm comprising 90 MHI Vestas 9.5MW turbines, situated 32km off the Lincolnshire coast and 28 miles from north Norfolk, generating renewable electricity sold to the UK National Grid under a Contract for Difference for over 800,000 typical UK households.
• Onshore Electrical System The UK's longest onshore wind farm connection spanning 57km from Bicker Fen to Anderby Creek, including the onshore substation near Bicker, Boston, and over 774 specialist horizontal directional drills beneath roads, rivers, and beaches.
• Grimsby Hub Operations and Maintenance Facility

Quantifiable outcome

• 800,000+ UK households powered by renewable energy
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and major.

• Whitby Lobster HatcheryminorStrategic or Co-development Partner · 1 November 2021RWE joined forces with Whitby Lobster Hatchery in November 2021 to deliver offshore sustainability goals at Triton Knoll Offshore Wind Farm, supporting marine environmental initiatives.
• SiemensmajorImplementation/ SI/ Consulting Partner · 1 November 2019Siemens worked at the onshore substation construction site near Bicker, Boston. Joint safety charity fund initiative with Triton Knoll, with regular contributions based on achieving safety performance targets. Total of £21,000 donated to local charities through the safety fund.
• J Murphy and Sons (JMS)majorImplementation/ SI/ Consulting PartnerJ Murphy and Sons was RWE's principal contractor for the 57km onshore cable installation. Managed the cable route construction including all health and safety protocols during the COVID-19 pandemic, implementing pod-based working systems. Key contractor for UK's longest wind farm connection.
• Lincolnshire Road Safety Partnership (LRSP)minorStrategic or Co-development PartnerLRSP collaborated with Triton Knoll on the Drive Safe Campaign to protect workers and the local community from traffic risks. Conducted workshops on the four main causes of traffic collisions. Partnership created safety resources that RWE plans to implement in all future construction projects.

Scale indicators10 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• East Anglia ONE: 714MW offshore wind farm off the Suffolk coast operated by ScottishPower Renewables (Iberdrola). A directly comparable UK offshore wind asset with similar CfD structure, blade/turbine technology, and grid interconnection model.
• Hornsea 1: 1,218MW UK offshore wind farm operated by Ørsted. Directly comparable operational offshore wind asset with shared national grid offtaker, CfD structure, and similar turbine/grid technologies.
• Race Bank: 573MW UK offshore wind farm in the Outer Wash off Norfolk/Lincolnshire operated by Ørsted. Closely comparable in geography (also Lincolnshire/Norfolk coast), technology, and ownership-utility profile to Triton Knoll.
• Beatrice Offshore Wind Farm: 588MW UK offshore wind farm in the Moray Firth operated by SSE Renewables with Copenhagen Infrastructure Partners. Comparable UK offshore wind asset by scale and CfD revenue model.
• Moray East: 950MW Scottish offshore wind farm in the Moray Firth developed by Ocean Winds (EDP/Engie JV). A directly comparable multi-owner offshore wind asset with similar capacity scale and CfD revenue regime to Triton Knoll.
• Moray West: 882MW offshore wind farm under development in the Moray Firth by Ocean Winds. Adjacent to Moray East and a closely comparable UK offshore wind project by ownership consortium structure and capacity tier.
• Hornsea 2: 1,320MW UK offshore wind farm operated by Ørsted located in the North Sea. Closest direct peer to Triton Knoll by scale, geography, technology (similar modern turbines), and Contract-for-Difference-based revenue model.
• Walney Extension: 659MW offshore wind farm in the Irish Sea operated by Ørsted. Similar multi-turbine UK offshore wind asset utilising MHI Vestas technology and selling power under the UK CfD framework.

Broad incumbents

• Ørsted: Global leader in offshore wind with multiple UK operational assets (Hornsea 1/2, Race Bank, Walney Extension). A broad incumbent peer against which Triton Knoll is benchmarked on capacity factor, scale, O&M cost and pipeline growth.
• RWE Renewables: Parent and 59% owner of Triton Knoll, RWE Renewables is one of Europe's largest offshore wind operators with a broader portfolio of offshore and onshore wind assets across the UK and continental Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/tritonknollsafety

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Triton Knoll