Free Trial

RENEWABLES: Firm Red Rock Eyes 1GW Scottish Offshore Wind Project For 2027

RENEWABLES

Red Rock Renewables, a UK unit of SDIC Power, plans to invest up to £962 to build its 1.08GW Inchi Point Offshore Wind Power Project in Scotland, it said today in a statement, cited by Bloomberg.

  • The project is expected to begin construction in Dec 2024, with completion by the end Aug 2027.
  • The total investment is £4.17bn and will include 72 15MW turbines. 
62 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Red Rock Renewables, a UK unit of SDIC Power, plans to invest up to £962 to build its 1.08GW Inchi Point Offshore Wind Power Project in Scotland, it said today in a statement, cited by Bloomberg.

  • The project is expected to begin construction in Dec 2024, with completion by the end Aug 2027.
  • The total investment is £4.17bn and will include 72 15MW turbines.