Equinor Merges UK Offshore Wind Projects for Cost Efficiency
Equinor(EQNR) ZACKS·2024-12-18 21:41
Equinor ASA (EQNR) and its partners have announced plans to merge the Sheringham Shoal and Dudgeon offshore wind farm extension projects in the UK under a unified joint ownership structure. The Norwegian energy giant stated that this move is aimed at unlocking synergies, mitigating risks, and optimizing generation and transmission capabilities.The projects, located off Norfolk’s coast, are extensions of the existing Sheringham Shoal (317 MW) and Dudgeon (402 MW) wind farms, which collectively supply electri ...