Wind energy – Scotland
Fred. Olsen Renewables, and Vattenfall have today formed a 50/50 Joint Venture Partnership ahead of the ScotWind leasing round.
The two companies will collaborate in their bid to deliver the next generation of Scottish offshore wind farms – providing value for money for consumers and delivering for the Scottish economy, communities, and the environment.
The partnership reflects both companies’ commitment to helping Scotland progress to net zero and support the country’s ambition to become a world leader in offshore wind. The bid will focus on achieving maximum value for the Scottish economy – creating sustainable supply chain in Scotland and bring long term economic benefits.
By combining the skills and experience of two of Europe’s leading renewable energy developers, this significant industry collaboration will maximise the potential that the bid can deliver and provides the opportunity to demonstrate how Scotland’s renewable energy ambitions can be truly realised when industry, government and communities work together.