Statoil has officially taken over operatorship of the Sheringham Shoal Offshore Wind Farm, off the coast of Norfolk, from Statkraft.
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Sheringham Shoal. Image from Statkraft. |
Statkraft and Statoil completed the transfer last week on 31 March, and Statoil formally took over its new role on 1 April.
Statkraft continues to hold a 40% share in Sheringham Shoal, together with partners Statoil and Green Investment Bank, through the company Scira Offshore Energy Ltd.
In addition, Statkraft holds the power purchase agreement for the project which extends until November 2029.
The transfer of the operator role at Sheringham Shoal supports Statkraft's strategy to evaluate opportunities to divest the project during 2017. A formal process is set to commence in June and will also include Statkraft's 30% share in Dudgeon Offshore Wind Farm.
The 317 MW project is located off the coast of North Norfolk and consists of 88 turbines capable of providing power for around 220,000 UK homes.
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