Statkraft and RWE Innogy form 50/50 partnership for Triton Knoll Offshore Wind Farm


In a strategic move, Statkraft has agreed to acquire 50% of the 900MW Triton Knoll offshore wind farm from RWE Innogy. The partnership is great news for Triton Knoll and the UK offshore wind industry, with the potential for a £3-£4bn investment and up to 1,900 UK jobs.

The development and construction phases will be delivered by a joint RWE/Statkraft project team, managed by Statkraft and, drawing upon the competencies of both companies.

We are again impressed by the ability by Statkraft to make large strategic moves in the offshore wind industry and it will be an exciting achievement for the Statkraft crew to, for the first time, be the project manager of the construction phase of an offshore windfarm, so far working in the shadow of its larger brother, Statoil, at Sheringham Shoal and Dudgeon. This should enable the Statkraft team to even further spend time on the cost questions of both the construction and the O&M phase of the project.



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