March 22, 2017 / 8:07 AM / 5 months ago

Statkraft plans to sell stakes in two UK offshore wind farms

OSLO, March 22 (Reuters) -

** Norway's Statkraft will in June begin a formal process to sell its stakes in the Sheringham Shoal and Dudgeon wind farms offshore Britain, with a goal of completing the transactions by the end of the year, the company said in a statement on Wednesday

** Statkraft has a 40 pct stake in the 317 megawatts (MW) Sheringham farm and 30 pct in the 420 MW Dudgeon farm, plus a 30 pct stake of the Dudgeon project financing via a shareholder loan

** The assets may be sold individually or together. KPMG is advising Statkraft

** Norway's Statoil is the operator of both wind farms

** Statkraft's CEO on March 16 told Reuters the company had decided to quit offshore wind power (Reporting by Terje Solsvik, editing by Gwladys Fouche)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below