Amazon Signs Germany’s Largest Corporate Clean Energy Deal for Offshore Wind Power

Amazon has signed a 600-megawatt power purchase agreement with Skyborn Renewables for electricity from the Gennaker offshore wind farm in the German Baltic Sea. The companies describe it as the largest single power purchase agreement ever signed in Germany and one of the largest corporate clean energy deals in Europe.

The agreement is bigger than a corporate sustainability announcement. It gives Skyborn a long-term buyer for a large share of Gennaker’s future electricity. That revenue certainty is expected to help the developer move the project toward financing and construction.

The numbers are clear.

Amazon has agreed to purchase 600 megawatts of power from a wind farm planned at up to 976.5 megawatts. That means the contract covers roughly 61% of the project’s total planned capacity. [2]

For Amazon, the deal adds a large source of carbon-free electricity to its German energy portfolio. For Skyborn, it makes one of the Baltic Sea’s biggest planned wind projects easier to finance.

Gennaker Is Set to Become Germany’s Largest Baltic Sea Wind Farm

The Gennaker project will be built about 15 kilometres north of the Fischland-Darß-Zingst peninsula in the German state of Mecklenburg-Western Pomerania.

Skyborn plans to install 63 offshore wind turbines, each rated at 15 megawatts. Once complete, the wind farm is expected to generate enough electricity to match the annual consumption of more than one million German households.

Construction is expected to begin after financial close in the summer of 2026. Commercial operation is targeted for the end of 2028.

Skyborn secured the project’s construction permit in December 2025. That means the project has moved beyond an early concept. It now has a permitted site, a major corporate buyer, and a stated construction timetable.

Those are the pieces large infrastructure projects need before lenders and investors can commit serious capital.

Why the Power Purchase Agreement Matters

A power purchase agreement, commonly called a PPA, is a long-term contract under which a buyer agrees to purchase electricity from a power project.

The structure gives the buyer access to energy from a defined source. It also gives the developer more predictable future revenue.

That predictability matters because offshore wind farms require heavy spending before they generate a single unit of electricity. Developers must fund turbines, foundations, offshore construction, grid connections, vessels, engineering work, and years of project development.

Banks and investors want to know that a project will have customers after it starts operating.

Amazon’s agreement gives Skyborn a committed buyer for most of Gennaker’s planned capacity. It does not remove every project risk. Construction costs, financing terms, grid infrastructure, and delivery schedules still matter. But the contract strengthens the project’s commercial case.

That is the practical value.

Amazon gets a large clean electricity supply. Skyborn gets a stronger route to construction. Germany gets new domestic power capacity.

A €3 Billion Investment in Northern Germany

Gennaker represents an estimated €3 billion investment in Mecklenburg-Western Pomerania. Regional leaders are presenting it as both an energy project and an industrial development project.

The wind farm’s monopile foundations will be manufactured by EEW Special Pipe Constructions in Rostock, around 40 kilometres from the project site.

That local manufacturing component matters.

Offshore wind creates value far beyond the electricity sold after completion. Projects require steel fabrication, foundations, port activity, transport, engineering, vessel support, maintenance, and specialist construction work.

EEW’s Rostock facility employs around 1,000 people, and the Gennaker contract is expected to help support jobs at the plant.

For the regional government, this gives the project a stronger political case. It is not only importing equipment and placing turbines at sea. It is connecting clean energy development with local manufacturing and supply-chain activity.

Germany Needs More Offshore Wind

Germany is aiming to reach 30 gigawatts of installed offshore wind capacity by 2030. Gennaker would contribute almost one gigawatt toward that target.

The project also adds more generation in the Baltic Sea, helping diversify a German offshore wind market that has historically focused heavily on the North Sea.

That diversification may improve energy security, but it does not remove the need for wider infrastructure.

Large offshore wind farms need strong grid connections. Germany also needs transmission capacity capable of moving electricity from coastal regions to homes, factories, and data centres across the country.

Building turbines is only one part of the job.

The electricity must be connected, transported, balanced, and used.

Skyborn has described Gennaker as a blueprint for delivering large-scale offshore wind in a reliable and scalable way. That claim will be tested during construction and operation.

If the project arrives on schedule and performs as planned, it could strengthen the case for more corporate-backed offshore wind development in Europe.

Amazon Expands Its German Clean Energy Portfolio

The Gennaker contract is Amazon’s largest single carbon-free energy agreement in Germany.

Including the new deal, Amazon says its German portfolio now covers 12 carbon-free energy projects with a combined capacity of more than 1.3 gigawatts. When all of those projects are operational, they are expected to generate electricity equal to the annual use of more than 1.8 million German homes.

Amazon has become one of the world’s largest corporate buyers of renewable and carbon-free electricity. ESG Today reported that the company contracted 10.22 gigawatts of renewable energy capacity in 2025 and has backed more than 700 projects globally, representing more than 40 gigawatts of capacity.

The scale reflects Amazon’s operational demands.

The company runs logistics centres, offices, fulfilment facilities, and a large cloud computing business through Amazon Web Services. Data centres require huge amounts of reliable electricity.

Signing long-term agreements for new clean power allows Amazon to support additional generation while working toward its corporate climate commitments.

Still, a PPA does not mean a specific Amazon site will receive electricity directly from one turbine. Electricity enters the wider grid, while contractual and accounting arrangements connect the purchased generation with the buyer’s energy use.

That distinction matters.

This is a major clean energy contract, not a private cable running from the Baltic Sea to an Amazon building.

BlackRock’s Role Through Skyborn

Skyborn Renewables is backed by Global Infrastructure Partners, which is now owned by BlackRock.

Skyborn was launched in 2022 after Global Infrastructure Partners acquired the offshore wind business of wpd. The company develops, builds, and operates offshore wind projects across international markets. [3]

The ownership connection gives the deal a larger financial angle.

A major technology company is buying power from a large wind project developed by an infrastructure platform owned by one of the world’s biggest asset managers.

That shows how the clean energy market is changing.

Large renewable projects increasingly depend on partnerships between developers, corporate buyers, banks, manufacturers, governments, and institutional investors.

No single party carries the whole project.

The developer manages construction.
The buyer supports revenue certainty.
Investors provide capital.
Manufacturers build equipment.
Governments provide permits and grid policy.

When those pieces line up, large projects move.

Corporate PPAs Are Becoming More Important

The Gennaker agreement shows why corporate PPAs are becoming a central tool in Europe’s energy transition.

Government auctions and public support mechanisms still matter. But corporate buyers can provide another route to finance new generation.

This is especially useful for large projects that require predictable income over many years.

The benefit is obvious: private demand can help bring new renewable capacity onto the grid.

But there are limits.

Corporate agreements do not replace public planning. Governments still need to manage offshore zones, transmission networks, electricity markets, environmental safeguards, and permitting.

A large technology company can sign a PPA. It cannot build the national grid alone.

That is why the Amazon-Skyborn deal should be viewed as one part of a larger system, not a complete solution.

What the Agreement Means

The deal is important for four main reasons:

• It is Germany’s largest single corporate power purchase agreement.
• It supports construction of a 976.5-megawatt offshore wind farm.
• It adds a major source of domestically produced carbon-free electricity.
• It links clean energy development with regional jobs and industrial investment.

The contract also sends a signal to the market.

Large companies are willing to commit to offshore wind at serious scale. Developers can use those commitments to strengthen financing. Regions can connect renewable power with local manufacturing. Germany can bring more electricity onto the grid without relying on imported fossil fuels.

The Bottom Line

Amazon’s 600-megawatt agreement with Skyborn is a major energy deal, but the headline is not the final result.

The real result will come later.

Skyborn still has to reach financial close. Construction must begin. Sixty-three turbines must be installed. Grid infrastructure must be ready. The project must enter operation near the end of 2028.

If those steps happen, Gennaker will become the largest offshore wind farm in the German Baltic Sea and one of the clearest examples of corporate demand helping finance new European clean energy infrastructure.

The agreement gives the project momentum. Delivery will decide whether it becomes a model.