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

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March 19 (Bloomberg) -- 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 and EDP Renovaveis SA, and to the Beatrice offshore wind farm, which is 75-percent owned by SSE Plc and a quarter-owned by SeaEnergy Renewables Ltd.

Link to Company News:{EDP PL <Equity> CN <GO>} Link to Company News:{REP SM <Equity> CN <GO>} Link to Company News:{SSE LN <Equity> CN <GO>}

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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