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Statkraft purchases 50 percent of the production of DONG Naturgas' offshore wind farm projects
(11/04/2011)

Statkraft has signed a new Power Purchase Agreement (PPA) with DONG Naturgas A/S worth around £160m. The two-year PPA sees Statkraft purchasing 50% of the production of DONG’s Burbo Bank, Gunfleet Sands, Walney and London Array offshore wind farm projects. With an initial installed capacity of 127MW, growing to 545MW, a total delivery of 2.7TWh is estimated during the two year contract period. This equates to approximately £160m based on the... [more]

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