Shell, ScottishPower pledge financial support for Scotland’s offshore wind sector

March 22, 2022
ScottishPower and Shell have confirmed they will commit £75 million ($98.9 million) to help the supply chain support the growth of Scotland’s offshore wind industry in Scotland.

Offshore staff

GLASGOW, UK – ScottishPower and Shell have confirmed they will commit £75 million ($98.9 million) to help the supply chain support the growth of Scotland’s offshore wind industry in Scotland.

At the start of this year they jointly secured the seabed rights to develop two new floating wind projects through Crown Estate Scotland’s ScotWind Leasing process.

MarramWind (3 GW) is offshore Scotland’s north-east coast, while CampionWind (2 GW) is off the east coast.

ScottishPower also won seabed rights for the 2-GW MachairWind fixed foundation project off the coast of Islay, western Scotland.

The funds will be spread across the schemes, with a £25-million ($33 million) fund linked to MachairWind provided by ScottishPower alone.

ScottishPower Renewables has Marex Risk and Consultancy the marine services contract for the East Anglia ONE windfarm off the Suffolk coast, eastern England.

The two-year contract with a one-year extension option covers all marine services for the windfarm’s operations and maintenance phase.

3/22/2022