Engie, EDPR JV Wins Contract for Difference for UK Wind Farm Project
July 07 2022 - 10:26AM
Dow Jones News
By Giulia Petroni
Engie SA and EDP Renovaveis SA's joint venture, Ocean Winds,
said Thursday that it has been awarded a Contract for Difference
from the U.K. government for an offshore wind farm project.
The company won a 15-year CfD for the delivery of 294 megawatts
of offshore wind generation at its Moray West offshore wind farm,
which is expected to have first power in 2024.
The CfD brings the project closer to a final investment decision
and financial closing, Ocean Winds said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 07, 2022 11:11 ET (15:11 GMT)
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