RIDG and Partners Finalise West of Orkney Windfarm Agreement with Crown Estate Scotland

Source: www.gulfoilandgas.com 4/11/2022, Location: Europe

RIDG, together with its joint venture partners Corio Generation and TotalEnergies, have now finalised the Option to Lease Agreement with Crown Estate Scotland for the West of Orkney Windfarm.

It follows over 5 years of work on the site by RIDG and provides the security necessary for the project team to focus on development activities.

Jack Farnham, Development Director at RIDG commented: “This is a significant milestone for RIDG as it represents our first offshore wind seabed agreement. We set up RIDG specifically to identify and develop highly competitive projects and are therefore delighted to be taking that business model forward in our home market with such great partners. The West of Orkney Windfarm is an exciting opportunity for the north of Scotland, and the UK’s energy transition more generally, so it’s fantastic to be moving it forward into the next phase alongside Crown Estate Scotland.”

The West of Orkney Windfarm joint venture partners successfully secured rights to develop the 2 GW project in the ScotWind leasing round, announced in January 2022. The windfarm will be located 30km off the west coast of Orkney in Scotland.

The windfarm, which aims to start producing renewable power by 2029, represents potentially more than £4 billion of investment.


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