Tag: Dogger Bank

  • Eni will pay 405 million pounds for a 20% stake in the UK Dogger Bank  project

    Eni will pay 405 million pounds for a 20% stake in the UK Dogger Bank project

    Eni enters the world’s largest offshore wind project with the acquisition of a 20% stake in the UK Dogger Bank (A and B) 2.4 GW project.

    The project involves the installation of 190 state-of-the-art turbines situated approximately 80 miles from the British coast.

    Each turbine has a capacity of 13 MW for a total capacity of 2.4 GW.

    At full capacity, Dogger Bank (3.6 GW) will be the world’s largest project of its kind, generating around 5% of UK demand for renewable electricity and supplying energy to approximately 6 million British families.

    The construction of the Dogger Bank (A and B) is expected to cost a total of £6 billion and will take place in two stages, with the first to be completed by 2023, and the second by 2024.