Dudgeon 402MW offshore wind farm

Overview:

• Dudgeon 402MW offshore wind farm.
• The project is one of the largest wind farm developments in the world.
• The project is located 32km off of the North Norfolk coastline and is being developed by Norwegian oil and gas company Statoil (35%), Abu Dhabi‘s renewable energy company Masdar (35%), and Norway‘s state-owned electricity company Statkraft (30%).
• The project is the first to take advantage of the UK's new 'Contract for Difference' (CfD) scheme.
• The project is being funded through £1.3 billion in finance arranged by The Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Crédit Agricole Corporate & Investment Bank, KfW IPEX-Bank, Mizuho Bank, Abbey National Treasury Services (trading as Santander Global Corporate Banking), Siemens Financial Services, Societe Generale Corporate & Investment Bank and Sumitomo Mitsui Banking Corporation.

Sam Duke - Editor