Statoil and SSE Boost Dogger Bank Shares as Statkraft Pulls Out

OrbisEnergy tenant, Scottish energy company SSE and Norway’s Statoil have increased their shares in the Dogger Bank offshore wind development after the companies acquired and equally divided a 25% stake previously held by former consortium partner Statkraft.

The latest acquisition takes SSE’s and Statoil’s shares in the project to 37.5%, respectively. Innogy controls the remaining 25% share in the project.

The Dogger Bank offshore wind development comprises four projects developed by the Forewind consortium which were granted planning permission during 2015.

The projects are located in the North Sea off the east coast of England and the wind farms have a potential generating capacity of up to 4,800MW.

Mike Seaton, Director of Development (Wholesale) SSE 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.”

The sale is part of Statkraft’s strategy to divest all of its offshore wind assets, including its shares in the operating Sheringham Shoal offshore wind farm and the Dudgeon offshore wind farm, currently under construction.

Sourced: Offshorewind.biz

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Katie Snell

Having worked within the property department for 9 years, I have had the pleasure of working within the majority of the Nwes sites in the Norfolk and Waveney area. For the last 2.5 years I have been based at OrbisEnergy and more recently as Senior Coordinator overlooking the renewable hub and team.

Devon Mills

Devon has joined the team at OrbisEnergy as an Administration Coordinator in November 2014 and more recently a Centre Coordinator in January 2016. Having previously worked within various customer service roles she is pleased to be able to apply her skills and knowledge to her position at OrbisEnergy.

She is keen to build a strong understanding within the Offshore Renewable industry, whilst being able to develop a good mind for business and sales.

Johnathan Reynolds

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Matthew Holden

Matt’s role is Technical Support Manager, his main duty is leading the European Clusters for Offshore Wind Servicing Project (ECOWindS, www.ecowinds.eu) on behalf of Nwes. In addition to ECOWindS Matt’s role is provide support for the property team and to carry out specific project work.

John Balch

John is Managing Director of Nautilus, Director of Nwes and Hub Director of OrbisEnergy and Beacon Innovation Centre. He is a mechanical engineer and has broad experience gained over 40 years in the international offshore industry.

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