Scotland’s largest offshore wind farm starts generating power

The Beatrice Wind Farm is expected to power the equivalent of around 450,000 homes when it is completed in 2019

EU bank lends £525m for UK offshore wind farm

The European Investment Bank (EIB) is backing an offshore wind farm in the UK with a £525 million loan. It follows energy company SSE and its partners giving the green light for the £2.6 billion project to be built in the Outer Moray Firth earlier this week. It is the single largest investment in an […]

SSE sells stake in 664MW offshore wind project

Power supplier SSE has agreed to sell a portion of its shares in a proposed offshore wind project in Scotland’s outer Moray Firth. Fund management company Copenhagen Infrastructure Partners (CIP) now owns 25% of the 664MW Beatrice Offshore Wind Farm Limited (BOWL), reducing SSE’s ownership stake to 50%. The remaining share is owned by Respol. […]

SSE pulling out of wind projects

SSE is pulling out of an offshore wind farm and won’t be investing in a number of others it has a hand in. The news will take a little wind out of the sails of the UK industry which was on a high yesterday after Siemens agreed to build wind turbine blades in Yorkshire, creating […]