Statoil Wins Lease Deal for First U.K. Floating Wind Farm
This article is for subscribers only.
Statoil ASA moved closer to building Europe’s largest floating wind farm after abandoning a similar project in Maine.
The Norwegian energy producer won a lease agreement to install five wind turbines at a site off Scotland, the U.K.’s Crown Estate said in a website statement. The venture will be Britain’s first floating wind farm, it said.