See Mate Offshore Project

What See Mate Offshore Project does

Veja Mate Offshore Project GmbH operates one of Germany's largest offshore wind parks, located 95 kilometers north of Borkum in the North Sea at water depths of 38.7-39.8 meters. The wind park consists of 67 Siemens Gamesa SWT-6.0-154 turbines with a total installed capacity of 416 MW, supported by among the world's largest monopile foundations (up to 85 meters in length, approximately 1,300 tonnes each), yellow transition pieces, and a central offshore substation (OSS) connected via 96.7 km of 33-kV inter-array cabling. Annual renewable electricity generation is 1.3-1.7 TWh, which avoids an estimated 815,810 tonnes of CO2 emissions and supplies approximately 450,000 German households. The company holds a stated long-term operational perspective through 2052.

The business model is a B2B electricity generation operation. All generated power is fed into the German grid through TenneT, the transmission system operator, under a single offtake relationship at the offshore substation. Revenue is derived from power sales agreements and energy market rates rather than consumer pricing, making it a wholesale, non-recurring-in-the-consumer-billing-sense revenue stream that is regulated and contracted at the transmission level. The project achieved Financial Close on June 29, 2015, was commissioned on May 25, 2017 (four months ahead of schedule), and has subsequently won three Offshore Wind Performance Awards (2019, 2020, 2024) for high technical availability and low downtime.

The company is a privately held GmbH registered in Oststeinbek near Hamburg, with a small core team of 11-50 employees (including a three-person executive team: Managing Director Stefan Klett, CFO Adrian Reynoso Navarro, CLO Henrik Riebartsch). Operations and maintenance are managed through this lean onshore/offshore team. The company publishes sustainability disclosures under the German Sustainability Code (first report in 2022) and has received three consecutive "Arbeitgeber der Zukunft" (Employer of the Future) awards. There are no software products, no disclosed parent company, and no institutional ownership information beyond the company's own legal entity.

Name

See Mate Offshore Project

Legal name

Veja Mate Offshore Project GmbH

Website

https://vejamate.de

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Veja Mate Offshore Project GmbH operates one of Germany's largest offshore wind parks in the North Sea, using 67 Siemens Gamesa turbines to generate 416 MW of renewable electricity for the German grid via TenneT, supplying approximately 450,000 households annually.

Ownership category

akta.pro rank

Product category

Offshore Wind Power Generation

NAICS

Wind Electric Power Generation (221115)

akta.pro primary industry

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

akta.pro secondary industries

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

Keywords

• Offshore wind energy
• Renewable power generation
• Wind farm operations
• Grid electricity supply
• Carbon neutral energy

Headquarters

HQ city

Oststeinbek

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity Generation and Sales: Offshore wind farm generates 1.3-1.7 TWh of renewable electricity annually that is fed into the German power grid, generating revenue through power sales agreements

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Veja Mate Offshore Project GmbH owns and operates one of Germany's largest offshore wind parks located 95 km north of Borkum in the North Sea. The wind park comprises 67 Siemens Gamesa SWT-6.0-154 turbines delivering 416 MW of installed capacity and generating 1.3–1.7 TWh of renewable electricity annually, which is fed into the German power grid via TenneT to supply approximately 450,000 households. The company is an asset operator focused on long-term wind farm operations, maintenance, and lifecycle extension through 2052, with no other products or services.

Product overview

Veja Mate Offshore Project GmbH operates a single offshore wind park as its core product offering. The wind park consists of 67 Siemens Gamesa turbines (model SWT-6.0-154) with 416 MW total capacity, located 95 kilometers north of Borkum in the North Sea at water depths of 38.7-39.8 meters. The company provides renewable energy generation and supply services, with operations managed from their office in Oststeinbek, Germany. There are no separate software products, modules, or additional service offerings — the business is focused exclusively on wind park operations and maintenance with a projected operational life extending to 2052.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 416 MW installed capacity from 67 turbines
• +3 more outcomes

Named customers2 records

Segments2 records

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

Three partnerships are on record, tiered core.

• Siemens GamesacoreStrategic or Co-development Partner · 1 January 2017Siemens Gamesa provided the SWT-6.0-154 turbines for the wind park. The company was a key partner during construction from Financial Close to full commissioning in 2017.
• TenneTcoreStrategic or Co-development PartnerTenneT is the transmission system operator responsible for grid connection. Worked with Veja Mate during construction phase and continues as the grid operator receiving electricity from the offshore wind farm.
• Bundesamt für Seeschifffahrt und Hydrographie (BSH)coreStrategic or Co-development PartnerGerman Federal Maritime and Hydrographic Agency was a key regulatory partner during project implementation, responsible for permits and oversight of the offshore wind installation.

Scale indicators6 records

Recent moves10 records

Expansion highlights3 records

Market position

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/veja-mate-offshore-project
• Xx.com/veja_mate

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 See Mate Offshore Project