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    Engie SA - Offshore: three major projects underway


    May 31, 2023 - Euronext Paris (Alternative Disclosure) via PUBT

     

      The Group is further developing its offshore wind energy through Ocean Winds, the 50/50 joint venture owned by ENGIE and EDP Renouvelables.

      April was a successful month for Ocean Winds. The joint venture of ENGIE and EDP Renewables reached key milestones on three offshore wind projects, in France and Scotland.

      In France, the Ile d'Yeu-Noirmoutier and Dieppe-Le Tréport offshore wind farms have reached Final Investment Decision, which marks the start of construction. With a total capacity of around 500 MW, the Yeu and Noirmoutier wind farms will supply nearly 800,000 people with electricity every year - the equivalent of the population in Vendée (the department where they are located). The one at Dieppe-Le Tréport, located off the English Channel, will supply 850,000 people. It is to be commissioned in the second half of 2026.

      ENGIE, through Ocean Winds, now has three wind farms under construction in France for a total capacity of 1 GW: the Iles d'Yeu et de Noirmoutier farm, the Dieppe-Le Tréport farm and the Gulf of Lion floating pilot farm.

      In Scotland, Ocean Winds also announced the financial close of the Moray West wind farm, which will have 60 turbines with an installed capacity of 882 MW.

      ENGIE gains pace in offshore wind power

      With 15 projects in seven countries, Ocean Winds now has a portfolio of 1.5 GW of projects in operation and 15.1 GW under construction and in development. With 8 GW won in Scotland and the US in 2022, the ENGIE joint venture has tripled the size of its project portfolio since its creation in 2019.

      Leamore:

      Disclaimer

      Engie SA published this content on 31 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2023 16:01:41 UTC.

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