BP, EnBW win in Scottish offshore wind lease round
By:Reuters
Published: Jan 17, 2022, 10:29 UTC•1min read
FRANKFURT (Reuters) – BP and EnBW on Monday said they made a successful joint bid for Scottish offshore wind acreage and were planning a 2.9 gigawatt farm that BP previously said could result in 10 billion pounds ($13.7 billion) of total investment.
Most Popular
EUR/USD
$1.05582
-0.24%
Bitcoin
$29,307.11
-3.39%
S&P 500
$3,901.36
+0.01%
Natural Gas
$8.0325
-0.33%
FRANKFURT (Reuters) – BP and EnBW on Monday said they made a successful joint bid for Scottish offshore wind acreage and were planning a 2.9 gigawatt farm that BP previously said could result in 10 billion pounds ($13.7 billion) of total investment.
The two companies, which formed a 50-50 joint venture last year to pursue such projects, said construction for the planned wind farm off the Scottish coast would start around 2026/27.
The Morven offshore wind farm will provide power for more than 3 million households, the companies said.
($1 = 0.7312 pounds)
(Reporting by Christoph Steitz)
Advertisement
Don't miss a thing! Sign up for a daily update delivered to your inbox
Loading
Loading