Ocean Winds wins CfD for Moray West OWF

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Obtaining a CfD is a key milestone for project development, bringing it closer to the final investment decision (FID) and financial close (FC).

Official Press Release Ocean Winds:

Ocean Winds awarded CfD for its Moray West project

Moray West Offshore Wind Farm, which is being developed by Ocean Winds, has reached a major project milestone toward Final Investment Decision, having been offered a Contract for Difference (CfD) as part of the UK Government’s latest CfD Allocation Round / A long-term investor in offshore wind sector in Scotland, Ocean Winds is also present in the Moray Firth area through the Moray East Offshore Wind Farm, which is now fully operational, and the Caledonia project, whose lease area was won earlier in 2022

Ocean Winds, an international company dedicated to offshore wind energy and created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE, has successfully bid for a Contract for Difference (CfD) from the UK Government, for its Moray West Offshore Wind Farm (882 MW). The... ... More: Official Press Release Ocean Winds

Ocean Winds, UK, offshore, wind farm, Moray West, CfD, government, auction, joint venture, EDP, ENGIE, MW, capacity

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