The news marks another key step in the project’s preparation for construction, in advance of the upcoming final investment decision due in March 2016. SSE (40%) continues to act as lead operator of the project alongside CIP (35%) and Repsol (25%).
The company has pledged to make a final investment decision ‘soon’.
But the Perth-based utility failed to provide an explanation or rationale for the sale, nor the price it received.
The 588MW site is located in the Outer Moray Firth on the north-western point of the Smith Bank, about eight miles from the Caithness coastline at the closest point.