SSE increases ownership in Dogger Bank
SSE has increased its share in the Dogger Bank Offshore Wind development, this follows the acquisition of an additional 12.5% stake from former consortium partner Statkraft, taking SSE’s share to 37.5%.
The Dogger Bank offshore wind development comprises four projects developed by the Forewind consortium which were granted planning permission during 2015. The projects are located in the North Sea off the east coast of England and the wind farms have a potential generating capacity of up to 4,800MW. 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%.
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.”