The world’s largest wind farm is now fully operational off the coast of Cumbria. All 102 turbines of the Walney Offshore Windfarm are now delivering electricity into the UK’s grid.
Made up of two projects, Walney 1 and 2, the wind farm has a total capacity of 367MW – enough to supply up to 320,000 households.
The wind farm is a joint venture between Danish firm DONG Energy (50.1%), Scottish energy supplier SSE (25.1%) and OPW, a consortium of Dutch pension fund service provider PGGM and the Ampere Equity fund ( 24.8%).
The major stakeholder in the project says OPW’s support for Walney shows British wind power projects can be appealing to investors.
Benj Sykes, DONG Energy’s Director of Operations for UK Wind Power said: “Walney is the first project in the UK to be backed by institutional investors before it was built – a confidence justified by the speed and efficiency of the construction. It shows our commitment to offshore wind development in the UK and to driving down costs.”
Walney 2 was built in the fastest ever time for a large offshore wind project, with all turbines and cables installed in just five months and 13 days, setting a record in the sector.