SSE, Repsol, EDP Win Scottish Approval for Offshore Wind Farms

The Scottish government approved two offshore wind farms in the outer Moray Firth that it said may generate 1.9 gigawatts of electricity and be worth 2.5 billion pounds ($4.2 billion) to the Scottish economy.

The consents are still subject to “strict conditions,” including the required monitoring of possible impacts on birds, the Scottish government said today in an e-mailed statement.

It gave the go-ahead to Moray Offshore Renewables Ltd., a joint venture between Repsol SA (REP) and EDP Renovaveis SA, and to the Beatrice offshore wind farm, which is 75-percent owned by SSE Plc (SSE) and a quarter-owned by SeaEnergy Renewables Ltd.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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