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BP, EnBW win in Scottish offshore wind lease round

Published 17/01/2022, 10:14
Updated 17/01/2022, 10:15
© Reuters. FILE PHOTO: An illuminated BP logo is seen at a petrol station in Gateshead, Britain September 23, 2021. REUTERS/Lee Smith/File Photo

FRANKFURT (Reuters) - BP (LON:BP) and EnBW on Monday said they made a successful joint bid for Scottish offshore wind acreage and were planning a 2.9 gigawatt farm that BP previously said could result in 10 billion pounds ($13.7 billion) of total investment.

The two companies, which formed a 50-50 joint venture last year to pursue such projects, said construction for the planned wind farm off the Scottish coast would start around 2026/27.

The Morven offshore wind farm will provide power for more than 3 million households, the companies said.

($1 = 0.7312 pounds)

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