Statkraft Makes Another Move to Abandon Offshore Wind

Wind Industry Profile of

Statkraft sells its 40 per cent stake in Sheringham Shoal Offshore Wind Farm to the UK fund manager Equitix. The sale is in line with Statkraft’s strategy to exit offshore wind.

Sheringham Shoal Offshore Wind Farm is a 317MW operational wind farm located off the coast of Norfolk in the UK. Statkraft has been a partner in the project since the investment decision in 2009, and the wind farm has been in operation since 2012. The wind farm is owned by Statoil (40 per cent), the offshore wind fund managed by Green Investment Group Management Limited (20 per cent) and Statkraft (40 per cent). In line with its strategy to exit offshore wind, Statkraft has signed an agreement under which the UK fund manager Equitix acquires Statkraft’s shareholding in Sheringham Shoal... ... More: Official Press Release Statkraft

Keywords:

Statkraft, Sheringham Shoal, offshore, onshore, exit