Scotland: all applicants have option agreements in place

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Colin Maciver, Head of Offshore Wind Development for Crown Estate Scotland, said, “Seventeen agreements are now in place to help deliver these offshore wind projects that are central to Scotland’s efforts to tackle the climate emergency, secure the UK’s energy supply, and generate billions of pounds of investment in Scotland.

Official Press Release Crown Estate Scotland:

17 ScotWind project agreements confirmed

Crown Estate Scotland have today confirmed that all 17 successful ScotWind applicants now have option agreements in place meaning that their projects can move into the development stage. It follows the announcement in January of the applicants who have been successful in a highly competitive process which attracted 74 applications.

Full seabed leases are granted at a later stage once applicants have the necessary consents from regulators, such as Marine Scotland, and have secured grid connections and financing.  A key focus of ScotWind is encouraging supply chain investment to develop the Scottish projects. In a world first, Crown Estate Scotland mandated that applicants must outline supply chain commitments as part of their application for an option agreement,... ... More: Official Press Release Crown Estate Scotland

Crown Estate Scotland, bidder, bis, applicant, option agreement, offshore, lease, site, supply chain commitment, project

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