Walney offshore wind farm
Walney offshore wind farm, a joint venture between DONG Energy (50.1 percent), SSE (25.1 percent) and OPW (24.8 percent), has been named the world's largest operational wind farm. The £1 billion wind farm consists of 102 turbines, and with a total capacity of 367.2 MW, it can supply 320,000 households with renewable power annually. The turbines were supplied by Siemens Wind Power, each with a capacity of 3.6 MW.
The wind farm combines the Walney 1 and 2 projects and will create around 60 jobs at its new operations centre in Barrow-in-Furness. In addition to being the worlds largest wind farm, it was also constructed in the fastest time: DONG Energy constructed Walney 2 in just 5 months and 13 days.
Moreover, it is also the first UK offshore wind farm to receive investment from a pensions fund service provider and an equity fund, before being built. In December 2010, OPW, a consortium of Dutch pension's service provider PGGM and Ampere Equity Fund took a 24.8 per cent stake in the project.
Anders Eldrup, CEO of DONG Energy, said: "DONG Energy is delighted to have developed this record-breaking wind farm. Not only is it the world's biggest wind farm but it has been built in the fastest time ever and it marked a new era in terms of financing being the first project in the UK backed by institutional investors. Walney is a landmark in offshore wind and DONG Energy's strong drive to further industrialise offshore wind power and cut costs. It demonstrates our commitment to invest in the UK."
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