Advertisement
UK markets open in 26 minutes

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,190.13
    -195.74 (-1.19%)
     

  • CRUDE OIL

    83.89
    +1.16 (+1.40%)
     

  • GOLD FUTURES

    2,396.30
    -1.70 (-0.07%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • Bitcoin GBP

    50,079.89
    +797.47 (+1.62%)
     

  • CMC Crypto 200

    1,279.93
    -32.69 (-2.49%)
     

  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     

  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     
Money:

Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

DONG Energy decides to build 660-MW UK wind farm

Reuters - UK Focus

LONDON, Oct (HKSE: 3366-OL.HK - news) 28 (Reuters) - Danish utility DONG Energy (IPO-DONG.CO) has decided to build the 660-megawatt Walney Extension offshore wind farm in the Irish Sea off Britain, it said on Wednesday.

The final investment decision has been made after securing all necessary consents from authorities and signing most of the supply and installation contracts for the project.

The Walney Extension wind farm is due to be fully commissioned in 2018.

"Walney Extension will deliver clean electricity to more than 460,000 UK homes and I'm very pleased that we can now start construction of what will be the world's biggest offshore wind farm when completed," Samuel Leupold, DONG Energy executive vice president, said in a statement.

ADVERTISEMENT

The wind farm will have two different turbines - 40 8-MW turbines from MHI Vestas Offshore Wind and 47 7-MW Siemens turbines.

DONG Energy did not say how much the project will cost. (Reporting by Nina Chestney; editing by Adrian Croft)