Fred.Olsen Renewables (FOR) announced that following a strategic review of its portfolio of onshore and offshore wind farm sites its main focus would be on onshore wind farm development. Fred.Olsen Renewables has undertaken a thorough and complete review of all of their potential wind farm developments.
As an independent power producer they have concluded that the most efficient use of their development resource is in their onshore portfolios. As part of the review Fred.Olsen Renewables will continue to progress the offshore 220 turbine Codling Wind Park in Irish Waters which received consent from the Irish Government in 2005. However, the company will end its development activity at the Forth Array offshore project in Scottish Territorial Waters. This project was awarded an Exclusivity Agreement by The Crown Estate in 2009.
As an independent power producer they have concluded that the most efficient use of their development resource is in their onshore portfolios. As part of the review Fred.Olsen Renewables will continue to progress the offshore 220 turbine Codling Wind Park in Irish Waters which received consent from the Irish Government in 2005. However, the company will end its development activity at the Forth Array offshore project in Scottish Territorial Waters. This project was awarded an Exclusivity Agreement by The Crown Estate in 2009.
