SOURCE: Industrial Info Resources

November 16, 2009 05:00 ET

U.K. Crown Estate Plans More Than 20,000 Megawatts of Windfarms Under Round 3 Licenses, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - November 16, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The Crown Estate (London, England), an independent body that owns the seabed within 12 nautical miles of the United Kingdom's coastline, is expected to announce the award of contracts under Round 3 of the Offshore Wind Development Program at the end of December. The projects under Round 3 include a 5,000-megawatt (MW) windfarm off the coast of Norfolk and an even larger 10,000-MW project in the North Sea. The contract to build and operate the larger windfarm is expected to go to a consortium known as Forewind, consisting of Scottish and Southern Energy plc (PINKSHEETS:SSEZY) (Perth, Scotland); RWE npower Renewables (Swindon, England), a subsidiary of RWE AG (PINKSHEETS:RWEOY) (Essen, Germany); and Norwegian companies StatoilHydro ASA (NYSE:STO) (Stavanger) and state-owned Statkraft (Oslo).

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