23 May 2016
Today the £2.6bn Beatrice Offshore Windfarm Ltd (BOWL) project has been given the green light for construction by owners SSE (40%), Copenhagen Infrastructure Partners (CIP) (35%) and SDIC Power (25%) after the project reached Financial Close.
This 588MW, 84 turbine, project, situated in the Outer Moray Firth, project will be one of the largest private investments ever made in Scottish infrastructure.
Today’s decision allows manufacturing and construction to begin. Work at the operations and maintenance facility in Wick and the transmission works in Moray will commence this year. Offshore construction will begin in 2017. The wind farm is expected to become fully operational in 2019.
Beatrice is expected to bring a range of socio-economic benefits to the local, regional, Scottish and UK economies during both the construction and operational phases. Expected opportunities include job creation, skills training, investment in Scottish ports and harbours, supply chain opportunities and community benefit funding.
Paul Cooley, Director of Renewables at SSE stated: “We are delighted that Beatrice has achieved Financial Close and we are extremely grateful for all of the support received throughout the development of the project from stakeholders such as the Scottish Government, DECC, HIE, the Highland Council, Moray Council and local communities. Contracts have already been placed with many UK based suppliers, and Siemens intend to undertake turbine blade construction from Siemen’s new manufacturing facility in Hull.
“Around £10m of investment is planned at Wick Harbour to house the wind farm’s operations and maintenance facilities and improving the existing RNLI facilities. We expect a peak of around 65 jobs during construction of the O and M base with around 90 long-term jobs anticipated during the operational phase.
“Today’s decision reaffirms SSE’s commitment to offshore wind and we are proud to progress such a flagship project for the Scottish offshore wind industry and the UK’s skilled supply chain. It shows SSE will continue to play its part in investing in the critical energy infrastructure the country needs to power homes across the UK both today and in the future.”