Green bank snaps up offshore wind stake

The UK Green Investment Bank (GIB) confirmed it is investing £240 million for a stake in an offshore wind farm. It is buying a 20% share from Norwegian firms Statkraft and Statoil in Scira Offshore Energy Limited, which owns the Sheringham Shoal offshore wind farm. The 317MW wind project, located off the coast of Norfolk, […]

Statkraft sole operator of offshore wind farm in Norfolk

Norwegian renewable energy firm Statkraft is to take over the sole responsibility as operator of a wind farm off the coast of Norfolk. Scira Offshore Energy Ltd, the current operator and a joint venture company owned by Statkraft and Statoil, will remain as the legal entity while employees will be transferred to Statkraft. The move […]