TotalEnergies may buy into 1.2-GW Dogger Bank C - report

Offshore wind. Source: Natural Environment Research Council (NERC).

August 6 (Renewables Now) - French energy major TotalEnergies SE (EPA:TTE) is considering purchasing a roughly 20% interest in the 1.2-GW Dogger Bank C, the third phase of the Dogger Bank offshore wind complex in UK waters, Bloomberg reports.

The project is being developed by Norway’s Equinor ASA (NYSE:EQNR) and SSE Renewables, a unit of UK utility SSE plc (LON:SSE). Sources familiar with the matter have told the news agency that discussions are currently in progress but no final decision has been made regarding a potential purchase.

The 3.6-GW Dogger Bank project is split into three sections of 1.2 GW each. Last year, SSE and Equinor each sold 10% of the Dogger Bank A and Dogger Bank B projects to Italian oil-and-gas major Eni SpA (BIT:ENI). While they said at the time that they will keep their 50% shareholdings in the third phase, it was later reported that they will offload a combined 20% stake in Dogger Bank C.

SSE has told Bloomberg that it expects to make progress on the divestment this year.

In the summer of 2020, TotalEnergies took a 51% stake in the roughly 1.1-GW Seagreen 1 offshore wind project that SSE Renewables is developing in the Scottish part of the North Sea.

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription