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SSE and Statoil confirm Dogger Bank joint venture

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SSE and Statoil have confirmed the formation of a Joint Venture (JV) partnership to work collaboratively to progress three of the four consented Dogger Bank offshore wind projects towards Financial Investment Decisions.

The Dogger Bank Zone consists of four 1.2GW offshore wind projects which are located between 125-195 km off the east coast of Yorkshire and extend over approximately 8,660km2. If completed, they will have a total generating capacity of up to 4.8GW.

Following the signing of a swap agreement last month, Innogy, SSE and Statoil confirmed equity interests for the four projects in the Dogger Bank Zone. Statoil and SSE own 50% each in Creyke Beck A, Creyke Beck B, Teesside A. The three sites total 3.6GW in potential offshore wind capacity.

The remaining project, Dogger Bank Teesside B, will be progressed by innogy.

Mike Seaton, Director of Development at SSE said: “SSE is delighted to partner with Statoil to progress the three Dogger Bank Projects. This partnership, along with SSE’s stake in the £2.6bn Beatrice Offshore Windfarm Limited offshore project in the Moray Firth, confirms our ongoing commitment to the development of our offshore wind portfolio.”

“Each project represents a significant offshore development in its own right. We’re looking forward to working closely with Statoil to consider all of the options available to us in order to develop these projects further.”

The Forewind consortium will no longer be involved with the Dogger Bank projects; however it will oversee the decommissioning of the two met masts and removal of the suction-installed mono bucket foundations later in 2017.

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