Danske Commodities to get 70% of Dudgeon offshore wind park's output

Danish energy trader Danske Commodities today announced an off-take deal to balance and trade around 70% of the output of the 402-MW Dudgeon offshore wind farm in the UK.

Under the 15-year power purchase agreement (PPA), the Danish group will get the output of a 281 MW portion of the offshore wind complex, effective July 16. The deal marks its fourth long-term PPA in the UK market and comes just a few days after Danske Commodities sealed a PPA for 126 MW of the 317-MW Sheringham Shoal offshore wind farm’s generation.

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The Dudgeon wind park is located off the coast of Norfolk and is operational since late 2017, producing power for over 410,000 local homes. It is a partnership between Norway’s Equinor ASA (OSE:EQNR) and Masdar, each holding a 35% stake, and China Resources (Holdings) Co Ltd with a 30% interest.

Danske Commodities, which became part of Norwegian oil and gas group Equinor last summer, currently has over 1,300 MW of renewable energy assets under management in the UK.