In this article, we look at the CfD auction scheme in more detail, with a particular focus on the importance of the “strike price” and why the economic benefits of developing offshore wind are crucial to promote investment in new offshore wind farms in the UK.
Statkraft is expected to more than double the generation capacity of the portfolio going forward.
One of the main tax giveaways in the UK budget this week was the introduction of full expensing of capital allowances for the next three years.
The portfolio holds shares in the Grimsås and Brännliden wind farms in Sweden.
Watson Farley & Williams has advised Iberdrola Renovables Italia S.p.A. on the preparation and negotiation of an investment agreement, including related services and shareholder agreements, to establish iCube Renewables, a joint venture with Innovo Group S.r.l., for the development of renewable energy projects in Italy including photovoltaic plants, wind farms and battery storage facilities.
The construction of the wind farm will start at the end of 2022 and is planned to be completed in the first trimester of 2024.
The wind farm, located in Merindad de Valdeporres in the Spanish region of Castille & Leon, has been fully operational since 2005.
This is one of the first four pilot floating offshore wind farms under development in France.
Spanning the north Anatolian provinces of Sinop and Cankiri, the Gökcen wind farm is equipped with Enercon turbines.
WFW advises Commerz Real impact fund klimaVest on French electricity market entry with wind farm acquisition12 November 2021
We advised klimaVest, Commerz Real’s impact fund, on its acquisition of the Tout Vent wind farm from renewable energy developer BayWa r.e. This is Commerz Real’s first investment in the French renewable energy market.