Italian multinational oil and gas company Eni has acquired a 20-percent stake in the 1.2-gigawatt Dogger Bank C offshore wind project in the United Kingdom, according to various news sources.
Eni acquired 10 percent from SSE Renewables and 10 percent from Norway’s Equinor. The deals leave both Equinor and SSE Renewables with a 40-percent stake in Dogger Bank C.
Dogger Bank C is part of the 3.6-gigawatt Dogger Bank development, which is on par to become the world’s largest offshore wind farm, according to Renewables Now. Dogger Bank A and B are under construction, with power to be launched in the summer of 2023 and 2024, respectively. Phase 3 is due to be fully operational in 2026.
The complex will be capable of producing about 18 terawatt hours annually, enough to supply 6 million homes.
SSE Renewables will continue to lead the development and construction of the three sites, while Equinor will operate the complex once it goes online.