WFW advises TotalEnergies on sale of £522m stake in Seagreen UK offshore wind farm4 January 2024
With a total capacity of 1,075 MW, Seagreen is the largest offshore wind farm in Scotland as well as the world’s deepest fixed bottom wind farm.
With a total capacity of 1,075 MW, Seagreen is the largest offshore wind farm in Scotland as well as the world’s deepest fixed bottom wind farm.
The transaction marks a key step in PSL’s aim to reach 5 GW of renewable capacity across Europe by 2026.
The financing will enable the development of multiple large-scale renewable energy and storage projects.
The RCF provides flexible funding to Foresight for both new acquisitions and working capital purposes.
The facility provides LSbp with flexible corporate financing across its group to help deliver its strategy in the UK, continental Europe, the Americas and Asia Pacific.
Located in East Ayrshire, the 25-Gamesa turbine Afton project is already fully operational and receives a subsidy of 0.9 ROCs per MWh.
The solar portfolio is owned by ReneSola, NYSE listed solar project developer and BNEF tier 1 solar module manufacturer with its headquarters in China.
With a total capacity of 659 MW it will be the world’s largest offshore wind farm once online (expected in Q2 2018).