Mystery over sale of 10% SSE stake in Moray Firth wind farm

Beatrice wind farmSSE has confirmed the sale of a further 10% stake in the Beatrice offshore wind farm to joint venture partner Copenhagen Infrastructure Partners

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.

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