Norwegian company Statkraft will kick off the sales process this month for its holdings in two UK offshore wind farms.
The long-planned offload includes the energy outfit’s 40% share in the operational 317MW Sheringham Shoal (pictured) and its 30% stake in the under-construction 402MW Dudgeon.
“The sales process is run as one coordinated process offering the two assets on an individual basis,” said Statkraft.
Both of the wind farms are off the east coast of England. Compatriot company Statoil is the other main shareholder in the projects.
The sale is due to be concluded towards the end of the year or early in 2018.
Image: Scira
Statkraft start gun on offshore sale
Deal due around year-end for shares in Dudgeon, Sheringham projects
By EBS