Attribution 2.0 Generic. Partners can be introduced at a variety of stages of the project lifecycle, depending on their risk appetites. Current vacancies are advertised on the Equinor Jobs website. Eni buys 20% of Dogger Bank wind power project from SSE, Equinor Back to video Following the deal, SSE and Equinor will each hold 40% while Eni will own the remaining 20%. SSE intends to use the proceeds to enable delivery of its low carbon growth plans. Copyright SSE © 2021. The transaction is expected to complete in early 2021, subject to regulatory and lender approvals. Offshore construction is set to begin in 2023 with completion of the overall project in 2026. Linkedin . Image source: Italian energy company Eni has entered into agreements to purchase 10% stake each from Equinor and SSE Renewables of the Dogger Bank A and Dogger Bank B wind farms. Gregor Alexander, SSE's Finance Director, said: “The sale of a stake in Dogger Bank Wind Farm to Eni is another successful example of SSE's approach to partnering to create and secure value for shareholders. The projects are located in the North Sea off the east coast of England. Since 2017 SSE and Equinor own Dogger Bank Teesside A (renamed to Dogger Bank C ), while Dogger Bank Teesside B was taken by Innogy and renamed Sofia Offshore Wind Farm. 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Doggerbank Seefischerei GmbH has 20 employees at this location and generates $47.39 million in sales (USD). It also reduces overall risk and financial exposure on large-scale projects and avoids a large increase in net debt that is not earning. Doggerbank Seefischerei GmbH is located in Bremerhaven, Bremen, Germany and is part of the Commercial Fishing Industry. Dogger Bank’s three projects, Dogger Bank A, Dogger Bank B and Dogger Bank C, secured 3.6GW of offshore wind contracts in the UK Government’s 2019 contracts for difference auctions. License: Creative Commons. It is home to sandeels, crabs, flatfish and more. The other 25% belong to Innogy. Artificial island is planned on Dogger Bank for cheaper wind power. Dogger Bank C Offshore Wind Farm (formerly known as Dogger Bank Teesside A) and Sofia Offshore Wind Farm (wholly owned by RWE formerly Innogy) have jointly applied to Redcar and Cleveland Borough Council (RBC) for consent for five areas of alternative or additional infrastructure to the consented 9km of buried onshore grid connection spanning from the landfall for Dogger Bank Wind Farm C and Sofia … Offshore wind consortium Forewind was awarded consents for 4.8 gigawatt (GW) of offshore wind development at Dogger Bank in the North Sea in 2015. Twitter. Dogger Bank, a wind farm site in the UK North Sea consisting of three phases A, B, and C, will cumulatively be the world's largest offshore wind farm, once in operation a couple of years from now. Equinor (50% share owner of Dogger Bank Wind Farm) will undertake recruitment in their capacity as long term operator of the wind farm. Once the transaction is complete, the new overall shareholding in Dogger Bank A (1,200MW) and Dogger Bank B (1,200MW) will be – SSE (40%), Equinor (40%) and Eni (20%). Dogger Bank, located 60 miles off the north-east coast of England, will have a power-generation capacity of 3.6GW once fully complete, of which the first two phases will account for 2.4GW. Dogger Bank Wind Farms Project Director, Bjørn Ivar Bergemo, said: “Our success in the CfD auction was due in large part to the relationships we have built with our supply chain, which enabled the lowest ever strike prices. All four projects are located off the east coast of England. Posted by Michelle Howard Completion of both stages is expected to be complete by 2024. Former partners Statoil and SSE both took half of the shares increasing their own assets to 37.5% each. Once the deal completes, expected to be early 2021, the overall shareholding in Dogger Bank A and Dogger Bank B - the first two phases of the project - will be SSE 40%, Equinor 40%, and Eni 20%. Password. The Forewind consortium will no longer be involved with the Dogger Bank projects. Fittingly, being the world's largest, the wind farm will feature the world's largest wind turbines, GE's 13MW Haliade-X for the A&B phases, and 14MW for the C phase. SSE and Statoil together will each own 50% of the three projects: Dogger Bank Creyke Beck A, Dogger Bank Creyke Beck B and Dogger Bank Teesside A. August 10, 2017, SSE and Statoil will take three of the 1.2 GW Dogger Bank projects while innogy will have one 1.2GW project. Once the transaction is complete, the new overall shareholding in the two projects will be – SSE (40%), Equinor (40%) and Eni (20%). Once all three phases are complete in March 2026, it will be the largest offshore wind farm in the world. Divesting this stake in Dogger Bank Wind Farm is in line with SSE’s stated intention to partner to capitalise on its significant growth opportunities related to net zero. Dogger Bank Wind Farm is the largest of SSE renewables' projects currently in construction. There are no permanent restrictions on fishing activity in the Dogger Bank protected area, making it protected in name only. Sofia, owned by will use 100 Siemens Gamesa 14MW turbines. Geological surveys have suggested that it stretched from where Great Britain's east coast now is to the present-day Netherlands, western coast of Germany, and peninsula of Jutland. The remaining project, Dogger Bank Teesside B will be owned 100 % by innogy. On 26 November 2020, SSE and Equinor announced they had reached financial close on the first two phases of Dogger Bank Wind Farm, a ground-breaking project off the north east coast of England. The Dogger Bank offshore wind project consists of four smaller wind farms adding up to a 4.8 GW mega offshore wind farm. January 04, 2021 08:56 AM GMT Team Kalkine; Facebook. Dogger Bank A and B will comprise 190 wind turbines, and construction costs are estimated at around £6bn. Dogger Bank, extensive isolated shoal in the North Sea, lying about 60 miles (100 km) off the northeastern coast of England. Germany’s Innogy SE (ETR:IGY) continues to own the remaining 25% in the scheme. It rises 70 feet (20 metres) higher than the surrounding seafloor, is 160 miles (260 km) long and 60 miles wide at the 120-foot (35-metre) level, and reaches its shallowest point (50 feet [15 metres] below the sea surface) at its western end. World Energy News is the global authority on the international energy industry, delivered to your Email two times per week. Eni has entered the UK offshore wind market for electricity production through the acquisition of a 20% stake from Equinor and SSE Renewables of the Dogger Bank A and B project. Equinor. The project off the northeast coast of England is expected to become the world's largest offshore wind farm, helping the companies to achieve their climate targets. Gregor Alexander, SSE's Finance Director, said: “The sale of a stake in Dogger Bank Wind Farm to Eni is another successful example of SSE's approach to partnering to create and secure value for shareholders. The island sounds "out of science fiction", says one of the developers, but could help provide cheap and clean energy to millions. The first two phases of the Dogger Bank complex will feature GE’s 13MW Haliade-X turbines. Dogger Bank consists of four projects that are developed by the Forewind consortium and were granted planning permission in 2015. This transaction will enable us to fund further low carbon growth opportunities, helping to deliver governments’ net zero ambitions and our own target to treble our renewable output by 2030.”, Claudio Descalzi, Chief Executive Officer of Eni, said: “For Eni, entering the offshore wind market in Northern Europe is a great opportunity to gain further skills in the sector thanks to the collaboration with two of the industry’s leading companies, and to make a substantial contribution to the 2025 target of 5GW of installed capacity from renewables, an intermediate step towards the more ambitious target of zero net direct and indirect greenhouse gas emissions in Europe by 2050.”. With a total capacity of 3.6 GW, Dogger Bank i s set to become the world’s largest offshore windfarm and will provide 4.5 million British households with renewable electricity. The new ownership agreements mean the projects will now be progressed towards Financial Investment Decisions by their respective owners. 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