24 September 2014 Dudgeon partnership extended with Masdar as new partner
Earlier this summer, the Dudgeon project passed a final investment decision. In conjunction with this a new partner acquired a 35 percent stake from Statoil.
Dudgeon Offshore Wind Limited has awarded the contract for the Electrical System Infrastructure for its Dudgeon Offshore Wind Farm to Siemens Transmission and Distribution Ltd.
The Dudgeon Wind Farm Limited has awarded the contract for the Monopile Foundation Fabrication for its Dudgeon Offshore Wind Farm to Sif Group B.V.
Enough 'green' electricity to power more than 410,000 UK homes each year.
The two Norwegian companies, Statoil and Statkraft, acquired the Dudgeon Offshore Wind Farm project in October 2012 through the acquisition of all the shares in Dudgeon Offshore Wind Limited, a subsidiary of the UK energy company Warwick Energy Limited. In August 2014 Abu Dhabi’s renewable energy company, Masdar, invested in the company through share acquisition, leaving the ownership percentages as Statoil 35%, Masdar 35% and Statkraft 30%.
Following a successful partnership developing the Sheringham Shoal Offshore Wind Farm off the coast of North Norfolk, Statoil and Statkraft, together with Masdar, are now working in partnership to develop the Dudgeon Offshore Wind Farm, of which Statoil will be the Operator for both the construction and operational phases.
The Round 2 Licence from the Crown Estate for the development of this offshore wind farm was granted in 2003, but it took until late 2012 for all the construction consents to be finally put in place.