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SSE sells 10 percent Beatrice offshore wind farm stake to CIP

Published 22/01/2016, 10:58
© Reuters. SSE sells 10 percent Beatrice offshore wind farm stake to CIP
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(Reuters) - British utility SSE (L:SSE) said on Friday it had agreed to sell a further 10 percent stake in the 588-megawatt Beatrice offshore wind farm to partner Copenhagen Infrastructure Partners (CIP).

SSE did not provide a value for the deal, but said it would continue as lead operator with a 40 percent stake alongside CIP with 35 percent and Repsol (MC:REP) with 25 percent.

A final investment decision on the project off Scotland is expected in March.

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