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Repsol has agreed to sell its offshore wind power business in the UK to SDIC Power of China for € 238 million.
The sale includes the Inch Cape project (100%) and Repsol’s share in the Beatrice project (25%), both of which are located on the east coast of Scotland. The transaction is part of the company’s goal to sell non-strategic assets. The company expects to complete the sale of the UK assets during the first half of 2016.
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| #51 Senvion MM92 wind turbine installed in Serra do Caramulo, Portugal (courtesy Pedro Matos) |
| Every week on our website and in our email newsletter we want to show you that wind energy is more than just technology. We therefore invite you to send stunning pictures of wind turbines inspired by “light” (in the broadest sense of the word). After 52 submissions we will announce the winner of the year’s best picture! Email your photo to Include turbine model, location and name of photographer. (size of the published photo will be 336 px width x 280 px high). |
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