Wind Energy – Mona and Morecambe OWF
The 1.5 GW Mona offshore wind farm, which JERA Nex BP owns, and the 480 MW Morecambe wind farm, which is owned by Copenhagen Infrastructure Partners (CIP), have entered into a lease agreement with the Crown Estate.
The developers secured the project sites in the Irish Sea in the Crown Estate’s UK Round 4 leasing process at the beginning of 2021.
On 29 January, the Crown Estate announced that the two projects had entered into a lease agreement, having signed Agreements for Lease in 2023, after just three years.
The Agreements for Lease have a maximum duration of ten years. By signing these agreements, the project owners agree to make option payments for at least three years, which will decrease as the projects transition to a lease and will stop once a lease for the full capacity or entire site is granted. At that point, the developers will begin paying rent.
The 480 MW Morecambe project, scheduled to be built approximately 30 miles from the Lancashire coast, received a Development Consent Order (DCO) from the UK Secretary of State for Energy Security and Net Zero in December 2025.
