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Shell joins ScottishPower in bid to develop windfarms in Scotland

Fri, 16th Jul 2021 05:07

(Alliance News) - Royal Dutch Shell PLC on Friday said it has partnered with Glasgow-based energy firm ScottishPower to bid for the development of the first large-scale floating offshore windfarms in the north east of Scotland.

ScottishPower is part of Spanish electric utility Iberdrola SA.

The projects proposed is part of Crown Estate Scotland's ScotWind Leasing, which is a leasing round for offshore wind in Scottish waters, which has closed on Friday.

Crown Estate Scotland is expected to announces the results of the ScotWind leasing round in early 2022.

"If our bid is successful, Shell and SPR are fully committed to working with Scottish communities and businesses to help develop supply chains and expertise which could make Scotland a world leader in floating wind. At Shell we continue to grow our capacity to generate, trade and supply cleaner power to our customers and to play our part in powering the UK to net zero," said Shell UK Country Chair David Bunch.

Royal Dutch Shell's 'A' shares closed 2.5% lower at 1,407.40 pence on Thursday in London, while its 'B' shares were down 2.3% at 1,377.00p.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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