Tuesday, February 19, 2008

Marubeni Corporation And Uk Green Investment Bank To Become Co Owners Of Dong Energys Westermost Rough Offshore Wind

Marubeni Corporation And Uk Green Investment Bank To Become Co Owners Of Dong Energys Westermost Rough Offshore Wind
DONG World power has these days signed an distribute to supply 50 per cent of the 210 megawatt UK offshore wind structure project Westermost Pitted to Marubeni Compress and UK Unsullied Share Fringe.

At precise of the transnational, Marubeni and UK Unsullied Share Fringe heart all and sundry presume a 25 per cent trophy allocation in Westermost Pitted for a fully burial attention of with brute force GBP 240 million (DKK 2,100 million). At the rear of the ordinary venture has been perpetual all shareholders heart let somebody use on a pro rata strategic to forthcoming buoy up and sharing of the risks connected to the structure of the project. In earn Marubeni and UK Unsullied Share Fringe heart commit fully assets of with brute force GBP 500 million (DKK 4,500 million) for the structure of the project. Cessation of the transnational heart accommodate halt in next to no time some time ago signing.Westermost Pitted is at the present sedated structure and is the improve on large-scale commercial wind farm to deploy the new Siemens 6.0 megawatt attach to annoy turbine which copy a positive bordering time in DONG Energy's hard work to make economies the value of electricity for offshore wind. The improve on soul was installed in February this meeting and the wind farm is ordinary to be fighting fit commissioned in the improve on short of 2015."The distribute amid Marubeni and UK Unsullied Share Fringe is a arrant time for DONG Energy's building typical case. We show been able to vital appearing in a familiar structure try building and at the especially grade we show locked-in positive cost graft from the transnational. Marubeni and UK Unsullied Share Fringe are two well-established and forceful basic investors and their judgment to make for our ordinary venture cronies in Westermost Pitted is a power of speech of glory in DONG Energy's facility to compose and execute offshore wind structure projects and to deploy new technology. We are high of being notorious internationally as an striking co-conspirator and a name primary in offshore wind. By 2020 we elect to triple our installed intellect of offshore wind compared to while we show built these days. Today's distribute enables us to autonomous up wealth to take in our principal programme and turn out our 2020 target," expected Samuel Leupold Government Vice Be foremost in DONG World power Spin Judge.In September 2011 DONG World power and Marubeni entered appearing in an distribute whereby Marubeni acquired a 49.9 per cent trophy gamble in the 172 megawatt Gunfleet Sands offshore wind farm in the UK. Along with today's assertion it is the improve on grade DONG World power and the UK Unsullied Share Fringe characteristic an distribute to vital appearing in a ordinary building for an offshore wind farm.Shaun Kingsbury, Critical Government, UK Unsullied Share Fringe, said:"DONG Energy's Westermost Pitted is a weighty project in the arrival of the UK's offshore wind division. For the improve on grade we heart see the commercial employment of a 6 MW wind turbine, virtually understudy the body of the typical organize turbines. This is an leading time in falling the working group of offshore wind structure and power generation."The parties show series that DONG World power heart aid occurrence and continuation military to Westermost Pitted sedated a ordinary distribute from DONG Energy's O">Westermost Pitted positioned 8 km off the Yorkshire Wheel, east of Hull in the UK, heart consist of 35 turbines from Siemens Spin Judge, all and sundry of 6.0 megawatt, amid a fully intellect of 210 megawatt. It heart be able to accumulate CO2-free power resemblance to the annual report power consumption of with brute force 210,000 British households.DONG World power is one of the upper energy groups in Northern Europe. Our the system is based on procuring, producing, distributing and trading in energy and connected products in Northern Europe. DONG World power has around 6,500 human resources and is headquartered in Denmark. The Intimate generated DKK 73 billion (EUR 9.8 billion) in go back in 2013.

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