EnergyWatch

SSE increases offshore wind ambitions with acquisition

The Scottish company has bought out its partner in the company Seagreen, which is currently developing several offshore wind projects.

Photo: SSE

SSE has taken over Fluor's 50 percent stake in Seagreen Wind Energy Limited for an undisclosed amount.

This leaves SSE ownership of the entire company, which is developing the projects Alpha and Bravo, as part of Seagreen Phase 1.

In a press release, SSE announces that the acquisition has occurred in step with the company's offshore ambitions and SEE Group's strategy to create value for shareholders and society by developing, owning and operating sustainable energy infrastructure, with grid and renewable energy as core services.

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