Fred. Olsen Seawind and Vattenfall score floating site in ScotWind

Fred. Olsen Seawind and Vattenfall have been revealed as successful bidders 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 approximately 67km off the east coast of Scotland. This will allow the partnership to commence works necessary to deliver a project with a capacity of up to 798 MW - expected to be enough electricity to power over 700,000 homes.

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