By Jaime Llinares Taboada

SSE PLC said Wednesday that it has formed a partnership with the renewable company of Brookfield Asset Management Inc. to participate in tenders for offshore wind projects in the Netherlands.

U.K. energy group SSE said the 50:50 partnership will participate in the Hollandse Kust (west) tenders, which are offering 1.4 gigawatts of power generation capacity.

Both companies view the Netherlands as a leading market for offshore wind development, supported by ambitious targets and a strong focus on innovation, SSE said.

Brookfield is a Canadian asset manager with around $690 billion of assets under management. Brookfield Renewable is its listed renewable power company.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

April 27, 2022 03:06 ET (07:06 GMT)

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