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    K2 Management Wins Contract For 1.2GW Dogger Bank C Offshore Wind Project In UK

    January 25, 2022 - Fitch Solutions Sector Intelligence


      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      K2 Management Wins Contract For 1.2GW Dogger Bank C Offshore Wind Project In UK

      • 25 Jan 2022
      • United Kingdom
      • Infrastructure

      News: K2 Management has won a contract to oversee the construction of the 1.2GW third phase of the Dogger Bank offshore wind complex in the UK, after completing its pre-financial close due diligence work. Under the contract, K2 will ensure that permitting, design, manufacturing and construction expenditure of Dogger Bank C advances in line with project lenders' assumptions. The Dogger Bank C project is owned by a 50-50 joint venture (JV) between SSE Renewables and Equinor. SSE Renewables (40%), Equinor (40%) and Eni (20%) are JV partners in Dogger Bank A and B. The overall complex is due to be operational in 2026 (Renewables Now).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.


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