News listings

energy-pedia alternative energy

United Kingdom flagUnited Kingdom

Europe / Caspian / CIS >>> United Kingdom

UK: Statkraft sells 40 per cent share in Sheringham Shoal Wind Farm

15 Dec 2017

Photo - see caption

Statkraft has signed an agreement to sell its stake in the Sheringham Shoal offshore wind farm to the UK fund manager Equitix.

Sheringham Shoal is a 316.8 megawatt ('MW') offshore wind farm located in the Greater Wash area off the coast of Norfolk, UK. It has been in operation since October 2012. The wind farm is owned by Statoil (40 per cent), the offshore wind fund managed by Green Investment Group Management (20 per cent) and Statkraft (40 per cent).

The agreed purchase price for the 40 per cent share is GBP 558 million.

The transaction is expected to be completed in the fourth quarter 2017.

The agreement is in line with Statkraft's strategy entailing that the company no longer will invest in new offshore wind projects and that holdings in offshore wind assets will be divested.

See related article: Statkraft transfers Sheringham Shoal Offshore Wind Farm operatorship to Statoil

Original article link

Source: Statkraft

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 277

Completed Deals

Completed Upstream Deals: 6458

Company Profiles

Current Company Profiles: 2886

Corporate Activity

Current Corporate Activity articles: 4036

Companies Looking

Current number of articles: 463

Company Sales

Current Company Sales articles:1622


Current Geostudies articles: 917

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Government of South Australia
Telos NRG
Union Jack Oil 149
Rose & Assocs 180
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675