EDP Renováveis (EDPR) entried into a partnership with Repsol to jointly develop up to 2.4 GW of offshore wind projects in the UK. EDPR will lead the partnership with a 60% share in the overall capacity to be developed. Following Repsol’s acquisition of the entire share capital of SeaEnergy Renewables Limited (SERL) from SeaEnergy PLC and SERL’s subsequent restructuring, EDPR will hold the following interests in the various offshore projects:
- 67% of Moray Offshore Wind Limited (MORL), previously held at 75% by EDPR and 25% by SERL: MORL is developing up to 1.5 GW at Zone 1 of UK Round 3 offshore wind farm leasing programme conducted by The Crown Estate;
- 49% of Inch Cape Offshore Wind Limited (Inch Cape) previously held at 100% by SERL: Inch Cape is developing up to 0.9 GW in the outer Firth of Tay region pursuant to an Agreement for Lease with The Crown Estate under the Scottish Territorial Waters leasing programme.
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