Hornsea 1
Daiwa Energy & Infrastructure anticipates “sustainable long-term cash-flows”
The acquisition of the stake in the 1.2GW offshore wind farm off east England is expected to complete in the third quarter of the year
The group has invested £1.2 billion to own and operate the offshore transmission system connecting Hornsea 1 to the British mainland
The firm’s earnings from offshore and onshore wind farms in operation increased by 17% over the period
It is expected to be the largest project of its kind when commissioned in 2020
UK planning officials have accepted the 1.8GW Hornsea 2 wind farm for examination. SMart Wind is proposing to develop the 360-turbine project, located around 89 kilometres off the Yorkshire coast. It is the second offshore wind farm the company is proposing to build in the Hornsea Zone. According to the Planning Inspectorate, it is now […]