A 15-year PPA has been signed by Engie with Moray East 950MW offshore wind farm. Engie have agreed a 23.3% stake in the power generated from the project.
Oscar Diaz, Moray East Project Director, said the PPA “brings high-capacity, low cost, low-carbon power generation to the UK wholesale market on a long-term contract with associated stability for the entire CfD period”.