SSE and Statoil have both increased shares in the Dogger Bank offshore wind development to 37.5%, following the acquisition of 12.5% stakes each from former consortium partner Statkraft.
The deal was first reported in the subscriber-only newsletter reNEWS.
Dogger Bank, which will comprise four projects in the North Sea totalling up to 4.8GW, is being developed by the Forewind consortium that also includes Innogy which continues to hold a 25% share.
SSE director of development (wholesale) Mike Seaton 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.”
Image: Statoil
