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Tuesday, 17 January 2017

Masdar takes 25% stake in North Sea wind farm | The National

Masdar takes 25% stake in North Sea wind farm | The National:

"The Mubadala clean energy company Masdar has taken a 25 per cent stake in Hywind Scotland, a 30 megawatt floating offshore pilot wind farm in the North Sea, the company said on Tuesday at the World Future Energy Summit. Masdar will share the development costs with Statoil while covering a quarter of the total outlay for the project, due to be completed later this year. "When complete, Hywind Scotland will be the first floating wind farm in the UK and its novel technology offers vast, global potential," said Keith Brown, the Scottish Parliament cabinet secretary."



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