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Outer Dowsing Offshore Wind

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uuid00527s2

Namestring
Outer Dowsing Offshore Wind
Legal namestring
GTR4 Ltd
Company typeenum
Private
Founded yearint
2021
Descriptiontext

Outer Dowsing Offshore Wind is a pre-construction infrastructure project developing a 1.5GW offshore wind farm located approximately 33 miles (54km) off the Lincolnshire coast in the Southern North Sea. The project comprises up to 100 wind turbines connected via underground export cables from a landfall at Wolla Bank to an onshore substation at Surfleet Marsh, with grid connection to National Grid infrastructure at Weston Marsh. The project is structured as a private joint venture under the legal entity GTR4 Ltd, owned by TotalEnergies (operator, contributing 11+ GW of offshore wind portfolio experience), Macquarie Asset Management (through its 2024-established subsidiary Broadhelm Renewables), and Gulf Energy Development (Thailand's largest private power producer with 20+ GW of capacity). The project received UK Government Development Consent in February 2026 following a multi-year Planning Inspectorate examination process, with construction scheduled to begin in 2028 and first power targeted for November 2030.

The business model centres on long-term electricity generation and sale to the UK National Grid, displacing approximately 2 million tonnes of CO2 per year and powering the equivalent of 1.6 million UK households. The project represents an estimated £2 billion of UK investment over a 35+ year operational lifetime, creating over 1,000 construction jobs and hundreds of permanent operations roles. Revenue is not yet generated; future offtake will be determined through market mechanisms, power purchase agreements, or Contracts for Difference (CfD) schemes. The go-to-market approach is community-led, relying on extensive public consultation (five rounds, nearly 1,500 attendees across 16 events), four Community Liaison Groups, STEM outreach, and a planned Community Benefit Fund—all designed to secure and maintain local social licence ahead of construction.

The underlying technology combines conventional offshore wind generation with two notable engineering approaches: a hybrid offshore geotechnical investigation method (deep-push piezo-cone penetration testing combined with traditional boreholes, reducing vessel time at sea by approximately 50%) and horizontal directional drilling for underground cable installation beneath environmentally sensitive areas such as Anderby Marsh. The full underground cable routing eliminates new overhead lines, addressing the visual and environmental impact objections that have historically affected UK onshore transmission infrastructure.

Short descriptiontext

Outer Dowsing Offshore Wind is a pre-construction 1.5GW offshore wind farm project located 33 miles off the Lincolnshire coast, UK, developed as a joint venture by TotalEnergies, Macquarie, and Gulf Energy Development to generate electricity for the National Grid.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
offshore wind farm, renewable electricity generation, wind energy infrastructure, offshore wind development, green energy projects
Industry4 codes
1Offshore Wind Power Generation (Fixed-Bottom)
CodeEUACAFABPrimaryYes
2Wind Farm Development & Permitting (Greenfield/Brownfield)
CodeEUACAFAEPrimaryNo
3Wind Grid Interconnection & Power Systems (Transformers, Reactive Power, SCADA)
CodeEUAMACAKPrimaryNo
4Wind Operations, Maintenance & Asset Management (Scheduled/Unscheduled)
CodeEUAMACAHPrimaryNo
NAICS code1 code
  • Wind Electric Power Generation221115
SIC code1 code
  • Water, Sewer, Pipeline, Comm & Power Line Construction1623
Product category
Offshore Wind Energy Generation
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Electricity Generation and Sales
TypeTransaction Fee
Description

Outer Dowsing Offshore Wind generates renewable electricity (1.5GW capacity) for sale to the National Grid. The project will displace nearly 2 million tonnes of CO2 emissions per year and power the equivalent of 1.6 million households. Revenue is derived from long-term power purchase agreements or electricity market sales to National Grid as the transmission system operator.

outerdowsing.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Outer Dowsing Offshore Wind is developing a 1.5GW offshore wind farm located approximately 33 miles (54km) off the Lincolnshire coast, comprising up to 100 wind turbines. The project will generate renewable electricity equivalent to the annual consumption of over 1.6 million UK households, transmitted via underground cable from landfall at Wolla Bank through to a new onshore substation at Surfleet Marsh, connecting into the National Grid at Weston Marsh by November 2030.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 1.5 GW renewable electricity generation capacity
+5 more records
Product overview1 text field

Outer Dowsing Offshore Wind is a single 1.5GW offshore wind farm project under development off the Lincolnshire coast. The core offering is the wind farm itself, which comprises offshore turbines, underground export cables, and an onshore substation at Surfleet Marsh. Supporting offerings include community engagement programs such as the Outer Dowsing Energise Workshops (STEM education) and the planned Community Benefit Fund for local environmental and social initiatives.

Product and service1 record
1Outer Dowsing Offshore Wind Farm
CategoryOffshore wind energy generation
Description

A 1.5GW offshore wind farm located approximately 33 miles (54km) off the Lincolnshire coast, comprising up to 100 wind turbines. The project will generate renewable electricity equivalent to the annual consumption of over 1.6 million UK households, transmitted via underground cable from landfall at Wolla Bank to a new onshore substation at Surfleet Marsh, connecting to National Grid at Weston Marsh.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership11 partners
1Broadhelm Renewables
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Broadhelm Renewables was established in 2024 by Macquarie Asset Management (part of Macquarie Group) and invests in renewable energy assets with a focus on offshore wind. As a new entity created specifically to manage Macquarie's renewable energy investments, Broadhelm brings long-term capital commitment and green investment expertise.

outerdowsing.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-01-19
Description

The Crown Estate granted Agreement for Lease for seabed area following competitive Round 4 offshore wind leasing process. The Crown Estate receives annual option fees until projects are ready to enter into seabed leases. Projects selected through competitive seabed tender to develop offshore wind capacity in UK waters.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-02-04
Description

TotalEnergies is a global multi-energy company developing a portfolio of offshore wind projects with total capacity of more than 11 GW (2/3 bottom-fixed, 1/3 floating). As part of the joint venture, TotalEnergies contributes technical expertise, global energy transition experience, and commitment to net zero by 2050. The project will contribute to TotalEnergies' target of 100 GW renewable capacity by 2030.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Gulf Development (GULF) is a holding company headquartered in Thailand and one of Thailand's largest private power producers with over 20 GW of gas-fired and renewable capacity. GULF brings nearly three decades of energy project management and operation experience with mission to invest in renewable energy and climate management aligned with net zero by 2050 targets.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

National Grid ESO conducted follow-up appraisal for grid connection options. National Grid Electricity Transmission is the Transmission Owner working with the project on final connection design. Project will connect to new National Grid substation at Weston Marsh connecting to existing overhead lines.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Lincolnshire Wildlife Trust project managed the purchase and construction of the bird hide at Anderby Creek, funded by Outer Dowsing Offshore Wind. The Trust manages Wolla Bank Reserve and local conservation areas. Partnership supports nature-positive community engagement theme.

7Anderby Parish Council
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Local parish council partnered with Outer Dowsing for the bird hide project at Anderby Creek. Supported the construction of the purpose-built hide located along King Charles III England Coast Path.

outerdowsing.com
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Lincolnshire County Council supported the bird hide project at Anderby Creek. The council works with Outer Dowsing on careers events and the Greater Lincolnshire Careers Hub, with Outer Dowsing serving as Enterprise Advisers.

Strategic tierSupportingTypeTechnology or Integration
Description

AOC Archaeology Group is currently working on Outer Dowsing's onshore archaeological surveys. Partnered with Outer Dowsing at Future Fest STEM tent to showcase archaeological finds from previous digs and demonstrate how offshore wind projects minimize archaeological impacts.

Strategic tierSupportingTypeImplementation/ SI/ Consulting Partner
Description

Dalcour Maclaren serves as Land Agents for Outer Dowsing Offshore Wind, handling landowner-specific questions and property agreements for the cable route and substation land requirements.

11Boston Woods Trust
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Boston Woods Trust partnered with Outer Dowsing to conserve a wildflower meadow at Dion's Wood Nature Reserve and Sir Joseph Banks Country Park in Boston, Lincolnshire. Funded as a stand-alone environmental conservation project.

outerdowsing.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Norwegian energy major with a significant UK offshore wind portfolio (Sheringham Shoal, Dudgeon, Dogger Bank A/B/C, Hywind). Comparable as a broad incumbent developing large-scale UK fixed-bottom and floating offshore wind, though Equinor operates across upstream oil & gas and multiple renewables segments.

TypeEmerging player
Description

Macquarie's former offshore wind specialist vehicle, restructured into Broadhelm Renewables in 2024. Highly comparable as the historical co-developer of Outer Dowsing under the original Corio/TotalEnergies JV, with the same UK and global offshore wind development focus and project pipeline.

3East Anglia ONE
TypeDirect peer
Description

714 MW operational UK offshore wind farm developed by ScottishPower Renewables (Iberdrola) and Vattenfall. Direct comparable in UK fixed-bottom offshore wind generation business model, National Grid connection, and CfD revenue structure.

TypeBroad incumbent
Description

Swedish state-owned utility with multiple UK offshore wind projects (Norfolk Vanguard/Boreas, East Anglia). Comparable as a broad incumbent developing UK fixed-bottom offshore wind through similar consenting and grid connection processes, though Vattenfall is much larger and more diversified.

TypeBroad incumbent
Description

Global offshore wind leader with ~15 GW installed capacity and a deep UK North Sea portfolio including Hornsea 1/2/3. Comparable as a broader incumbent in UK offshore wind generation, though Ørsted operates a much larger and more diversified portfolio than the single-project Outer Dowsing vehicle.

6Hornsea 3
TypeDirect peer
Description

~2.9 GW UK offshore wind project in the North Sea developed by Ørsted, currently in development/construction. Direct peer in UK fixed-bottom offshore wind with similar consenting process, supply chain dynamics, and CfD revenue model exposure.

7Sofia Offshore Wind Farm
TypeDirect peer
Description

1.4 GW fixed-bottom offshore wind farm on Dogger Bank in the UK North Sea, developed by RWE. Sofia is one of the closest direct comparables to Outer Dowsing in capacity (1.4 GW vs 1.5 GW), geography (UK North Sea), fixed-bottom technology, and pre-COD/consenting stage profile.

TypeDirect peer
Description

3.6 GW UK offshore wind project (phases A/B/C) developed by SSE Renewables and Equinor, also located in the North Sea. Highly comparable as a UK Round 4-era utility-scale fixed-bottom offshore wind development project with similar consenting and grid connection mechanics.

9Norfolk Vanguard
TypeDirect peer
Description

1.8 GW UK offshore wind farm developed by Vattenfall off the Norfolk coast. Direct peer as another UK Round 3-era fixed-bottom offshore wind project with similar grid connection and consenting profile, comparable in capacity and geography.

TypeBroad incumbent
Description

Global renewables developer with major UK offshore wind portfolio including Sofia, Triton Knoll, and Rampion. Comparable as a broad incumbent in UK offshore wind generation, with the relevant overlap being the Sofia project which is a near-identical direct peer.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Outer Dowsing Offshore Wind

Offshore Wind Energy Generationouterdowsing.com

Outer Dowsing Offshore Wind is a pre-construction 1.5GW offshore wind farm project located 33 miles off the Lincolnshire coast, UK, developed as a joint venture by TotalEnergies, Macquarie, and Gulf Energy Development to generate electricity for the National Grid.

What Outer Dowsing Offshore Wind does

Outer Dowsing Offshore Wind is a pre-construction infrastructure project developing a 1.5GW offshore wind farm located approximately 33 miles (54km) off the Lincolnshire coast in the Southern North Sea. The project comprises up to 100 wind turbines connected via underground export cables from a landfall at Wolla Bank to an onshore substation at Surfleet Marsh, with grid connection to National Grid infrastructure at Weston Marsh. The project is structured as a private joint venture under the legal entity GTR4 Ltd, owned by TotalEnergies (operator, contributing 11+ GW of offshore wind portfolio experience), Macquarie Asset Management (through its 2024-established subsidiary Broadhelm Renewables), and Gulf Energy Development (Thailand's largest private power producer with 20+ GW of capacity). The project received UK Government Development Consent in February 2026 following a multi-year Planning Inspectorate examination process, with construction scheduled to begin in 2028 and first power targeted for November 2030.

The business model centres on long-term electricity generation and sale to the UK National Grid, displacing approximately 2 million tonnes of CO2 per year and powering the equivalent of 1.6 million UK households. The project represents an estimated £2 billion of UK investment over a 35+ year operational lifetime, creating over 1,000 construction jobs and hundreds of permanent operations roles. Revenue is not yet generated; future offtake will be determined through market mechanisms, power purchase agreements, or Contracts for Difference (CfD) schemes. The go-to-market approach is community-led, relying on extensive public consultation (five rounds, nearly 1,500 attendees across 16 events), four Community Liaison Groups, STEM outreach, and a planned Community Benefit Fund—all designed to secure and maintain local social licence ahead of construction.

The underlying technology combines conventional offshore wind generation with two notable engineering approaches: a hybrid offshore geotechnical investigation method (deep-push piezo-cone penetration testing combined with traditional boreholes, reducing vessel time at sea by approximately 50%) and horizontal directional drilling for underground cable installation beneath environmentally sensitive areas such as Anderby Marsh. The full underground cable routing eliminates new overhead lines, addressing the visual and environmental impact objections that have historically affected UK onshore transmission infrastructure.

Outer Dowsing Offshore Wind firmographics

Firmographics
Name
Outer Dowsing Offshore Wind
Legal name
GTR4 Ltd
Website
https://outerdowsing.com
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
11–50 employees
Short description
Outer Dowsing Offshore Wind is a pre-construction 1.5GW offshore wind farm project located 33 miles off the Lincolnshire coast, UK, developed as a joint venture by TotalEnergies, Macquarie, and Gulf Energy Development to generate electricity for the National Grid.
Ownership category
akta.pro rank

Outer Dowsing Offshore Wind industry classification

Industry
Product category
Offshore Wind Energy Generation
NAICS
Wind Electric Power Generation (221115)
SIC
Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
akta.pro primary industry
Offshore Wind Power Generation (Fixed-Bottom) (EUACAFAB)
akta.pro secondary industries
Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE), Wind Grid Interconnection & Power Systems (Transformers, Reactive Power, SCADA) (EUAMACAK), Wind Operations, Maintenance & Asset Management (Scheduled/Unscheduled) (EUAMACAH)

Keywords

  • Offshore wind farm
  • Renewable electricity generation
  • Wind energy infrastructure
  • Offshore wind development
  • Green energy projects

Where Outer Dowsing Offshore Wind is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices1 record

Markets served

Outer Dowsing Offshore Wind business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

  1. Electricity Generation and Sales: Outer Dowsing Offshore Wind generates renewable electricity (1.5GW capacity) for sale to the National Grid. The project will displace nearly 2 million tonnes of CO2 emissions per year and power the equivalent of 1.6 million households. Revenue is derived from long-term power purchase agreements or electricity market sales to National Grid as the transmission system operator.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Outer Dowsing Offshore Wind product offering

Product offering

Core offering

Outer Dowsing Offshore Wind is developing a 1.5GW offshore wind farm located approximately 33 miles (54km) off the Lincolnshire coast, comprising up to 100 wind turbines. The project will generate renewable electricity equivalent to the annual consumption of over 1.6 million UK households, transmitted via underground cable from landfall at Wolla Bank through to a new onshore substation at Surfleet Marsh, connecting into the National Grid at Weston Marsh by November 2030.

Product overview

Outer Dowsing Offshore Wind is a single 1.5GW offshore wind farm project under development off the Lincolnshire coast. The core offering is the wind farm itself, which comprises offshore turbines, underground export cables, and an onshore substation at Surfleet Marsh. Supporting offerings include community engagement programs such as the Outer Dowsing Energise Workshops (STEM education) and the planned Community Benefit Fund for local environmental and social initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

  • Outer Dowsing Offshore Wind Farm A 1.5GW offshore wind farm located approximately 33 miles (54km) off the Lincolnshire coast, comprising up to 100 wind turbines. The project will generate renewable electricity equivalent to the annual consumption of over 1.6 million UK households, transmitted via underground cable from landfall at Wolla Bank to a new onshore substation at Surfleet Marsh, connecting to National Grid at Weston Marsh.

Quantifiable outcome

  • 1.5 GW renewable electricity generation capacity
  • +5 more outcomes

Companies that use Outer Dowsing Offshore Wind

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Outer Dowsing Offshore Wind technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Outer Dowsing Offshore Wind partnerships and signals

Strategic signal

Partnerships

Eleven partnerships are on record, tiered core and supporting.

  • Broadhelm RenewablescoreStrategic or Co-development Partner · 1 January 2024Broadhelm Renewables was established in 2024 by Macquarie Asset Management (part of Macquarie Group) and invests in renewable energy assets with a focus on offshore wind. As a new entity created specifically to manage Macquarie's renewable energy investments, Broadhelm brings long-term capital commitment and green investment expertise.
  • The Crown EstatecoreStrategic or Co-development Partner · 19 January 2023The Crown Estate granted Agreement for Lease for seabed area following competitive Round 4 offshore wind leasing process. The Crown Estate receives annual option fees until projects are ready to enter into seabed leases. Projects selected through competitive seabed tender to develop offshore wind capacity in UK waters.
  • TotalEnergiescoreStrategic or Co-development Partner · 4 February 2022TotalEnergies is a global multi-energy company developing a portfolio of offshore wind projects with total capacity of more than 11 GW (2/3 bottom-fixed, 1/3 floating). As part of the joint venture, TotalEnergies contributes technical expertise, global energy transition experience, and commitment to net zero by 2050. The project will contribute to TotalEnergies' target of 100 GW renewable capacity by 2030.
  • Gulf Energy DevelopmentcoreStrategic or Co-development PartnerGulf Development (GULF) is a holding company headquartered in Thailand and one of Thailand's largest private power producers with over 20 GW of gas-fired and renewable capacity. GULF brings nearly three decades of energy project management and operation experience with mission to invest in renewable energy and climate management aligned with net zero by 2050 targets.
  • National Grid Electricity TransmissioncoreStrategic or Co-development PartnerNational Grid ESO conducted follow-up appraisal for grid connection options. National Grid Electricity Transmission is the Transmission Owner working with the project on final connection design. Project will connect to new National Grid substation at Weston Marsh connecting to existing overhead lines.
  • Lincolnshire Wildlife TrustsupportingStrategic or Co-development PartnerLincolnshire Wildlife Trust project managed the purchase and construction of the bird hide at Anderby Creek, funded by Outer Dowsing Offshore Wind. The Trust manages Wolla Bank Reserve and local conservation areas. Partnership supports nature-positive community engagement theme.
  • Anderby Parish CouncilsupportingStrategic or Co-development PartnerLocal parish council partnered with Outer Dowsing for the bird hide project at Anderby Creek. Supported the construction of the purpose-built hide located along King Charles III England Coast Path.
  • Lincolnshire County CouncilsupportingStrategic or Co-development PartnerLincolnshire County Council supported the bird hide project at Anderby Creek. The council works with Outer Dowsing on careers events and the Greater Lincolnshire Careers Hub, with Outer Dowsing serving as Enterprise Advisers.
  • AOC Archaeology GroupsupportingTechnology or IntegrationAOC Archaeology Group is currently working on Outer Dowsing's onshore archaeological surveys. Partnered with Outer Dowsing at Future Fest STEM tent to showcase archaeological finds from previous digs and demonstrate how offshore wind projects minimize archaeological impacts.
  • Dalcour MaclarensupportingImplementation/ SI/ Consulting PartnerDalcour Maclaren serves as Land Agents for Outer Dowsing Offshore Wind, handling landowner-specific questions and property agreements for the cable route and substation land requirements.
  • Boston Woods TrustsupportingStrategic or Co-development PartnerBoston Woods Trust partnered with Outer Dowsing to conserve a wildflower meadow at Dion's Wood Nature Reserve and Sir Joseph Banks Country Park in Boston, Lincolnshire. Funded as a stand-alone environmental conservation project.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Outer Dowsing Offshore Wind competitors and assessment

Company assessment

Broad incumbents

  • Equinor: Norwegian energy major with a significant UK offshore wind portfolio (Sheringham Shoal, Dudgeon, Dogger Bank A/B/C, Hywind). Comparable as a broad incumbent developing large-scale UK fixed-bottom and floating offshore wind, though Equinor operates across upstream oil & gas and multiple renewables segments.
  • Vattenfall: Swedish state-owned utility with multiple UK offshore wind projects (Norfolk Vanguard/Boreas, East Anglia). Comparable as a broad incumbent developing UK fixed-bottom offshore wind through similar consenting and grid connection processes, though Vattenfall is much larger and more diversified.
  • Ørsted: Global offshore wind leader with ~15 GW installed capacity and a deep UK North Sea portfolio including Hornsea 1/2/3. Comparable as a broader incumbent in UK offshore wind generation, though Ørsted operates a much larger and more diversified portfolio than the single-project Outer Dowsing vehicle.
  • RWE Renewables: Global renewables developer with major UK offshore wind portfolio including Sofia, Triton Knoll, and Rampion. Comparable as a broad incumbent in UK offshore wind generation, with the relevant overlap being the Sofia project which is a near-identical direct peer.

Emerging players

  • Corio Generation: Macquarie's former offshore wind specialist vehicle, restructured into Broadhelm Renewables in 2024. Highly comparable as the historical co-developer of Outer Dowsing under the original Corio/TotalEnergies JV, with the same UK and global offshore wind development focus and project pipeline.

Direct peers

  • East Anglia ONE: 714 MW operational UK offshore wind farm developed by ScottishPower Renewables (Iberdrola) and Vattenfall. Direct comparable in UK fixed-bottom offshore wind generation business model, National Grid connection, and CfD revenue structure.
  • Hornsea 3: ~2.9 GW UK offshore wind project in the North Sea developed by Ørsted, currently in development/construction. Direct peer in UK fixed-bottom offshore wind with similar consenting process, supply chain dynamics, and CfD revenue model exposure.
  • Sofia Offshore Wind Farm: 1.4 GW fixed-bottom offshore wind farm on Dogger Bank in the UK North Sea, developed by RWE. Sofia is one of the closest direct comparables to Outer Dowsing in capacity (1.4 GW vs 1.5 GW), geography (UK North Sea), fixed-bottom technology, and pre-COD/consenting stage profile.
  • Dogger Bank Wind Farm: 3.6 GW UK offshore wind project (phases A/B/C) developed by SSE Renewables and Equinor, also located in the North Sea. Highly comparable as a UK Round 4-era utility-scale fixed-bottom offshore wind development project with similar consenting and grid connection mechanics.
  • Norfolk Vanguard: 1.8 GW UK offshore wind farm developed by Vattenfall off the Norfolk coast. Direct peer as another UK Round 3-era fixed-bottom offshore wind project with similar grid connection and consenting profile, comparable in capacity and geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Outer Dowsing Offshore Wind social profiles

Digital presence

Outer Dowsing Offshore Wind financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Outer Dowsing Offshore Wind leadership team

Management profile

Number of profiles

Profiles9 records

Outer Dowsing Offshore Wind funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Outer Dowsing Offshore Wind M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Outer Dowsing Offshore Wind

What does Outer Dowsing Offshore Wind do?

Outer Dowsing Offshore Wind is developing a 1.5GW offshore wind farm located approximately 33 miles (54km) off the Lincolnshire coast, comprising up to 100 wind turbines. The project will generate renewable electricity equivalent to the annual consumption of over 1.6 million UK households, transmitted via underground cable from landfall at Wolla Bank through to a new onshore substation at Surfleet Marsh, connecting into the National Grid at Weston Marsh by November 2030.

Is Outer Dowsing Offshore Wind a public or private company?

Outer Dowsing Offshore Wind is a private company. It is classified as corporate owned and is currently operating.

When was Outer Dowsing Offshore Wind founded?

Outer Dowsing Offshore Wind was founded in 2021. It employs 11 to 50 people.

Where is Outer Dowsing Offshore Wind based?

Outer Dowsing Offshore Wind is headquartered in London, United Kingdom, in the Europe region.

How does Outer Dowsing Offshore Wind make money?

One revenue line is on record: electricity Generation and Sales.

Who are Outer Dowsing Offshore Wind's main competitors?

Broad incumbents on record are Equinor, Vattenfall, Ørsted and RWE Renewables. Corio Generation is listed as an emerging player. Direct peers are East Anglia ONE, Hornsea 3, Sofia Offshore Wind Farm, Dogger Bank Wind Farm and Norfolk Vanguard.

Does Outer Dowsing Offshore Wind have an API?

No public API is recorded for Outer Dowsing Offshore Wind.

What industry is Outer Dowsing Offshore Wind in?

Outer Dowsing Offshore Wind's product category is Offshore Wind Energy Generation. Its primary akta.pro industry code is EUACAFAB, Offshore Wind Power Generation (Fixed-Bottom), with a secondary code of EUACAFAE, Wind Farm Development & Permitting (Greenfield/Brownfield). Its NAICS code is 221115 and its SIC code is 1623.

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