Ownership of The Four Dogger Bank Offshore Wind Projects Announced
London, UK - The ownership arrangements for the four consented Dogger Bank offshore wind projects have been agreed and signed by the three Forewind shareholders, innogy, SSE and Statoil.
SSE and Statoil together will each own 50% of the three projects: Dogger Bank Creyke Beck A, Dogger Bank Creyke Beck B and Dogger Bank Teesside A. The remaining project, Dogger Bank Teesside B will be owned 100% by innogy.
The new ownership agreements mean the projects will now be progressed towards Financial Investment Decisions by their respective owners.
Forewind General Manager, Trevor Baker said that the consortium successfully delivered on its objective to achieve the consents and now that the projects have been allocated, the respective owners will determine how the four projects, each a significant development in its own right, will be taken forward.
Source: IWR Online, 15 Aug 2017