The 402MW wind farm, which is one of the world’s largest operational offshore wind farms, can produce enough clean energy to power more than 410,000 UK homes while cutting 893,000 tonnes of carbon dioxide annually.
As part of the scope of work, Wood’s clean energy team provided a full technical due diligence assessment of the wind farm which included issuance of a technical due diligence report, assurance and assisting investor and credit rating agencies.
Steve Noble, vice president of clean energy at Wood, said: “We are delighted to have supported Dudgeon Offshore Wind Limited with the £1.4bn refinancing of its operational offshore wind farm project.
“This milestone project really demonstrates the incredible growth of the renewables industry as we transition towards a more diverse energy supply mix. Having been involved in the project since 2012 we feel incredibly proud to have played such a key role in its continued success.”
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