Innogy Scores in British Offshore Auction with Mega-Project
Essen, Germany - Innogy has reached a milestone on the way to the realisation of the British offshore wind farm Sofia. In the course of the latest round of auctions in Great Britain, a total of 6 offshore wind energy projects with a total capacity of around 5,500 megawatts (MW) were awarded a contract.
According to Innogy, the consented wind farm, located 195 km off the UK coast on Dogger Bank in the North Sea, has proven wind conditions and relatively shallow water depths of 21 to 36 metres. The final investment decision for Sofia is expected to be made during 2020 when the contracting agreements with prospective supply chain partners will be completed. The external financing process will then be finalised.
Sofia Offshore Wind Farm is 100% owned by Innogy SE. Innogy will review all options regarding the ownership and financing structure of the project in order to maximise value for the company and shareholders.
Source: IWR Online, 26 Sep 2019