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Offshore wind turbines

Fred. Olsen Seawind and Vattenfall partnership allocated an east coast floating offshore wind site in ScotWind

  • Fred. Olsen Seawind and Vattenfall awarded rights to develop a site approximately 67km off the east coast of Scotland, north east of Aberdeen, as part of Crown Estate Scotland’s ScotWind offshore leasing round 
  • 50/50 partnership will deliver substantial supply chain opportunities, environmental and socio-economic benefits in Scotland 
  • The project draws upon the partnership’s leading industry expertise, strong track record of delivering renewable energy projects and exemplary engagement with local supply chain and communities

Today, Monday 17th January, the 50/50 partnership between Fred. Olsen Seawind and Vattenfall has been announced as a successful bidder in the Crown Estate Scotland’s ScotWind offshore leasing round. 

The partnership has been awarded the rights to develop an offshore wind farm site located 67km off the east coast. This will allow the partnership to commence works necessary to deliver a project with a capacity of up to 798 MW – enough electricity to power over 700,000 homes – supporting Scotland’s net zero ambitions to deliver 11 GW of offshore wind by 2030.

The project brings together the skills and experience of two of Europe’s leading renewable energy developers, and their ability to: 

  • provide innovative solutions to the challenges of floating offshore wind 
  • generate manufacturing and fabrication opportunities locally 
  • increase long term sustainable jobs and value creation

Anette Olsen, Proprietor of Fred. Olsen & Co, managing Bonheur ASA, commented:  

“We have more than a century long and successful history developing businesses in Scotland and are delighted to having teamed up with Vattenfall on this very exciting project. We see today’s award as a further demonstration of our long-term commitment and presence in Scotland and appreciate the trust shown to us.”

Lars Bender, CEO of Fred. Olsen Seawind ASA added:

“We are delighted with today’s outcome and really pleased that Crown Estate Scotland acknowledged the value of our unique approaches to innovation and Scottish content – developing a project that brings significant value to the Scottish economy, supply chains and local communities.”

Helene Biström, Head of Business Area Wind at Vattenfall said:

“Today’s decision marks an important milestone in the development of offshore wind in Scotland and the UK. We will now focus on moving forward the project that will help Scotland to stay at the forefront of the global offshore wind industry. Together we can deliver a successful project that will support the transition to a fossil-free future and Scotland’s net zero ambitions.”

“The partnership with Fred. Olsen Seawind brings together two developers with a proven track record of delivering innovative wind projects in Scotland that put the communities, the Scottish economy and environment at the centre of their work.

The partnership will continue to progress environmental studies, alongside embarking upon public consultation and the full EIA process.