Statkraft will swap wind for water

The Norwegian utility will use part of the gains from the sale of its UK offshore wind to buy into an emerging core area.

When Statkraft published its report Thursday, the result of the Norwegian firm's now terminated offshore wind engagement was revealed.

Besides the NOK 256 million (EUR 26.4 million) from the spring divestment of the utility's share in development project Dogger Bank, NOK 426 million was generated from the share in the Triton Knoll project, the winner in the autumn's CfD tender, together with NOK 2,643 million for the company's 40 percent stake of the Sheringham Shoal farm. Finally, GBP 555 million for the year's first quarter is expected from the sale of the 30 percent stake in the Dudgeon farm.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs