Experienced market participant SSE Energy Markets will offtake 50 percent of the wind farm’s electricity output and associated environmental benefits for a period of at least 15 years.
This agreement provides Inch Cape with a reliable route to market for its clean electricity from early generation. Full commercial operation is expected in 2027.
The wind farm will comprise 72 turbines sited in the North Sea off the Angus coast with a total installed capacity of 1,080 megawatts (MW). The project is fully backed by UK government contracts for difference (CfD) and was one of the winning projects in the most recent allocation round.
Construction of the project’s onshore substation is well underway in Cockenzie, East Lothian with the offshore substation jacket and platform being fabricated at the Smulders’ yard in Wallsend, North East England.
The project’s financial close is set for later this year.
Inch Cape Offshore Wind Limited is a 50/50 equal joint venture between ESB and Red Rock Renewables.
