Eversheds Sutherland advises Forewind consortium

Eversheds Sutherland has advised the Forewind consortium on the arrangements to swap ownership interests in the four consented Dogger Bank offshore wind projects which, with a total targeted installed capacity of 4.8GW, make up the largest offshore wind development in the world.

These projects, located more than 130km off the Yorkshire Coast, have the potential to provide renewable energy to up to five million UK homes. The development comprises four offshore wind farm projects of 1.2GW each: Creyke Beck A, Creyke Beck B, Teesside A and Teesside B. Prior to the swap innogy, SSE and Statoil each owned interests in all four projects. Statkraft divested its interest to SSE and Statoil in March 2017. Following the transaction, Statoil and SSE will own 50% each... ... More: Official Press Release Evershed Sutherlands

Keywords:

Evershed Sutherland, Dogger Bank, offshore