Masdar, Statoil and Statkraft secure £1.3bn for Dudgeon offshore wind farm

Madeleine Cuff
clock • 2 min read

Major financial milestone means 402MW wind farm off the Norfolk coast becomes the first CfD-backed offshore wind project to reach financial close

One of the world's largest offshore wind farms achieved financial close today, after its developers Masdar, Statoil and Statkraft announced they have secured £1.3bn in recourse financing for the project....

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