Wednesday 11 October 2017

innogy now sole owner of £2bn UK offshore wind farm

German energy firm innogy has become the sole owner of an 860MW offshore wind project in the UK.

It has bought Statkraft’s 50% stake in the Triton Knoll project, which is expected to generate enough electricity to power 800,000 homes.

The £2 billion wind farm, which will be located 32 kilometres off the coast of Lincolnshire, was awarded a Contract for Difference (CfD) in the latest round of government auctions.

Hans Bünting, COO Renewables at innogy said: “With full control over Triton Knoll, we will now develop the project further to final investment decision at our own discretion.”