The EDF Group, via EDF Renewables in the United Kingdom, a joint subsidiary of EDF Energy and EDF Energies Nouvelles, has bought the Neart na Gaoithe wind farm project from global wind and solar developer Mainstream Renewable Power, following a competitive bidding process.
The wind farm will generate up to 450 megawatts of renewable energy, which is equivalent to the annual electricity provision of around 375,000 homes. It is a fully consented offshore wind project, located in the Firth of Forth off the east coast of Scotland. It covers 105 square kilometers.
The total investment required to deliver the project is around £1.8 billion ($2.4 billion). The commissioning of the wind farm is planned for 2023. In line with the group’s usual practice, the project will be open to other investors in due course.
Bruno Bensasson, EDF Group senior executive president responsible for renewable energies and CEO of EDF Energies Nouvelles’ Group said, “The project is consistent with the CAP 2030 strategy that aims at doubling EDF’s renewable energy generation by 2030.”
“The Neart na Gaoithe offshore wind farm has been fully developed by Mainstream, and we are delighted to be handing over this world-class project,” said Andy Kinsella, Mainstream Renewable Power’s CEO.