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24/03/2017

SSE Acquires Further Stake In Dogger Bank Development

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SSE has increased its ownership in the Dogger Bank Offshore Wind development off the east cost of England.

The company has acquired a further 12.5% in the project from consortium partner Statkraft, taking its overall share to 37.5%.

Statoil have acquired the other 12.5% of Statkraft's share, meaning they now also have 37.5% ownership, with Innogy continuing to own the other 25%.

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The development comprises of four projects developed by the Forewind consortium which were granted planning permission during 2015.

Overall, the wind farms have a potential generating capacity of up to 4,800MW.

Mike Seaton, Director of Development (Wholesale) SSE said: "This acquisition represents the next step in the development of the Dogger Bank Offshore Wind development, SSE will continue to work alongside the remaining partners in the Forewind consortium to progress these projects."

(LM)

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