DONG Energy sells Walney wind farm stake
SSE will pay up to around 39 million pounds (US $62.5 million) for the stake in the 367 megawatt farm in the Irish Sea, of which around 17 million pounds is subject to operational performance, the Danish utility said in a recent statement.
SSE will pay a pro rata share of construction costs, said DONG Energy, which will keep the remaining 74.9 percent stake.
DONG Energy expects the cost of constructing Walney to total just under 1 billion pounds ($1.6 billion). The wind farm is expected to enter commercial operation in two phases in 2011.
Related News

Paris Finalises Energy Roadmap for 2025–2035 with Imminent Decree
PARIS - Paris is on the verge of finalising its energy roadmap for the period 2025–2035, with an imminent decree expected to be published by the end of the first quarter of 2025. This roadmap is part of France's broader strategy to achieve carbon neutrality by 2050.
Key Objectives of the Roadmap
The energy roadmap outlines ambitious targets for reducing greenhouse gas emissions across various sectors, including transport, housing, food, and energy. The primary goals are:
-
Reducing Fossil Fuel Dependency: The share of fossil fuels in final energy consumption is to fall from 60% in 2022 to 42%…