Shell and Scottish Power pledge £75m for ScotWind supply chain funds

Scottish Power and Shell will provide £75 million in supply chain funding to support development of three floating and fixed-bottom offshore wind projects.

The two companies will provide a total of £50 million in supply chain stimulus funds for their two floating ScotWind projects – MarramWind and CampionWind.

The consortium secured seabed leases for the schemes from the Crown Estate, as part of the nearly 25 gigawatts (GW) of capacity announced in January.

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Photo Credit: Energy Voice.