In 2012, KIRKBI and William Demant Invest jointly invested in Borkum Riffgrund 1, with KIRKBI owning 31.5 %. Ørsted (formerly DONG Energy) has retained 50 % ownership and has handled the construction and operations of the wind farm. Borkum Riffgrund 1 is located in Germany, approximately 54 kilometres from shore and 37 kilometers from the island Borkumin the North Sea.
The wind farm consists of 78 Siemens 4 MW turbines with a total capacity of 312 MW and is capable of providing green energy to 320,000 German households.
The wind farm was officially opened in October 2015.