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Construction News
01/07/2014
Final Investment Decision Made For Dudgeon Offshore Wind Farm
A Final Investment Decision has been made by the developers of Dudgeon offshore wind farm in East Anglia.
The project will see investment of £1.5bn in offshore wind.
The wind farm is expected to support up to 450 jobs and bring hundreds of millions of pounds of investment into the UK's economy. It could generate enough electricity to power approximately 410,000 homes.
Energy Minister Michael Fallon said: "Today's decision underlines the success of our new contracts and will bring about a steady stream of investment in renewable electricity.As the best place in the world to invest in offshore wind, the UK is attracting millions of pounds of investment, supporting hundreds of local green jobs and strengthening its energy supply with home-grown sources. We have already attracted £34 billion of private sector investment in renewable electricity since 2010, with the potential to create almost 37,000 jobs in the UK."
(CD/MH)
The project will see investment of £1.5bn in offshore wind.
The wind farm is expected to support up to 450 jobs and bring hundreds of millions of pounds of investment into the UK's economy. It could generate enough electricity to power approximately 410,000 homes.
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Energy Minister Michael Fallon said: "Today's decision underlines the success of our new contracts and will bring about a steady stream of investment in renewable electricity.As the best place in the world to invest in offshore wind, the UK is attracting millions of pounds of investment, supporting hundreds of local green jobs and strengthening its energy supply with home-grown sources. We have already attracted £34 billion of private sector investment in renewable electricity since 2010, with the potential to create almost 37,000 jobs in the UK."
(CD/MH)
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