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Publish Date: Tue, 09 Jul 2024, 07:02 AM
July 9 (Reuters) - British power generator and network operator SSE (SSE.L) New Tab, opens new tab said on Tuesday it was going ahead, along with its joint venture partners, with the development of a 2 gigawatt offshore wind farm in the Netherlands.
SSE said the wind farm would be commissioned by the end of this decade, subject to reaching a final investment decision by late 2025.
The consortium will enter into the 40-year lease period for the site for an annual payment of around 1 million euros ($1.1 million).
In June, the Dutch government awarded permits for offshore wind farm development totalling 4 gigawatts (GW) off the west coast of the Netherlands.
SSE Renewables, via a consortium including Dutch pension fund ABP and its asset manager APG, were selected to proceed with their bid for a 2 GW site called IJmuiden Ver Wind Farm Alpha, the company said.
Swedish energy company Vattenfall (VATN.UL) and clean energy fund manager Copenhagen Infrastructure Partners, through a joint venture called Zeevonk, were chosen to develop a 2 GW wind farm called IJmuiden Ver Beta.
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https://www.reuters.com/sustainability/climate-energy/uk-power-firm-sse-goes-ahead-with-2-gw-offshore-wind-farm-netherlands-2024-07-09/