PDA

View Full Version : London Array Now A 50/50 Joint Venture


Kristy
07-31-2008, 05:00 PM
E.ON and Dong Energy are to become 50/50 partners in world's largest offshore wind farm, the 1-gigawatt (GW) London Array project after they agreed to buyout the stake previously owned by Shell, for an undisclosed sum. The move follows Shell's announcement that it is withdrawing from the project saying that it could gain a better return on its renewable energy investments in the U.S. market.

More... (http://www.RenewableEnergyWorld.com/rea/news/story?id=53137&src=rss)