Mainstream to Build $2.8 Billion Scottish Offshore Wind Farm
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Mainstream Renewable Power Ltd. said it’s in talks with a consortium led by power company InterGen NV to reach a financial close on its planned 2 billion-pound ($2.8 billion) Neart na Gaoithe wind farm off the coast of Scotland.
The 450-megawatt project will deliver the cheapest offshore wind power in the country, having secured a so-called contract-for-difference with the government guaranteeing 114.38 pounds per megawatt-hour, Dublin-based Mainstream said Tuesday in an e-mailed statement.