Energy giant SSE is to go ahead with the construction of the £2.6bn Beatrice Offshore Windfarm Ltd (Bowl) project. It will see 84 turbines installed in the Outer Moray Firth, which will generate 588MW of power once operational in 2019. The Scottish government gave the project consent in March 2014 and it was granted an investment contract by the UK government in May that year. Construction work is expected to start next year. The harbour at Wick will be used for the shipping in and out of equipment, turbines and construction workers. SSE has the largest stake in the project – 40% – with organisations Copenhagen Infrastructure Partners having a 35% stake and SDIC Power 25%. The project will be one of the largest private investments ever made in Scottish infrastructure, according to SSE.
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Britain’s first Chinese-backed offshore wind farm will be built in northern Scotland after three investors finalised the £2.6 billion Beatrice scheme. Construction of the 84-turbine project, which will be built more than 13 kilometres into the Moray Firth, will begin in 2017. One of its main backers is SDIC Power Holdings, of China, which owns a 25 per cent stake in the scheme. It is also being funded by SSE, the UK’s second-biggest retail energy supplier, which holds 40 per cent. Copenhagen Infrastructure Partners, a Danish fund manager, has a 35 per cent stake. The project, which was approved by the Scottish government in May 2014, is due to start generating a maximum of 588 megawatts of electricity in 2019, enough to power 450,000 homes.
Times 24th May 2016 read more »
Scottish energy giant SSE owns 40 per cent of the project while Danish fund management firm Copenhagen Infrastructure Partners has a 35 per cent stake and China -based SDIC Power owns 25 per cent.
Scotsman 23rd May 2016 read more »
ENERGY giant SSE’s announcement yesterday that it has given the green light to a £2.6 billion wind farm development in the Outer Moray Firth has been hailed as akin to “a new Dounreay for Caithness”. SSE said the Beatrice Offshore Windfarm Ltd (BOWL) will be one of the biggest private investments ever made in Scottish infrastructure. Offshore construction will start in 2017 with the wind farm expected to become fully operational two years later, generating enough electricity for 450,000 properties and supporting about 890 jobs.
The National 24th May 2016 read more »