forewind is a joint venture consortium comprising four …...scottish and southern energy plc, one...
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Who is Forewind?
Forewind is a joint venture consortium comprising four leading international energy companies which have joined forces to bid for Zone Development Agreements as part of The Crown Estate’s third licence round for UK offshore wind farms (Round 3).
The four partners are:
Each of the Forewind partners has a demonstrable long-term strategy and commitment to large-scale renewable energy generation, in particular offshore wind.
Scottish and Southern Energy Plc, one of the largest energy companies in the UK.
Statoil - a world leading offshore oil and gas operator
RWE npower renewables the UK subsidiary of Pan-European renewable energy company RWE Innogy
Statkraft - Europe’s largest generator of renewable energy
Round 3 offshore windMost of The Crown Estate Round 3 Zones are many times larger than any previous wind farm development area anywhere in the world. The
zones will require developers with significant resources. Successful bidders for the nine zones will be given exclusive rights to develop wind
farms under the terms of a Zone Development Agreement. These development zones will have the potential for the construction of multiple
wind farm sites.
The realisation of the UK Government’s target of 25GW of offshore wind by 2020 is also heavily dependent on developing solutions to a number
of issues such as cumulative impact, grid, consenting processes and supply chain.
“ The Crown Estate’s Round 3 offshore wind programme has ambitious targets which will only be achievable with the support and input of strong companies committed to the future of the UK wind industry such as the four partners comprising the Forewind consortium.” Maria McCaffery, CEO, BWEA
www.forewind.co.uk | [email protected]
Key facts andfigures• Combined, the Forewind partners
have in excess of 15 million UK
customers and account for almost
30% of the UK’s ROC generation.
• Partner employee resource pool of
118,000 people
• Last financial period, combined:
• Revenue £97bn
• Net profits £7.5bn
• Total assets £130bn
• Net assets £34.5bn
Current UK offshore wind portfolio The Forewind partners are individually,
or as part of a consortium, leading the
ongoing development, construction and
operation of the Round 2 wind farms sites
Greater Gabbard (500MW), Gwynt-y-Môr
(750MW) and Sheringham Shoal (315MW)
and the Round 1 wind farms North Hoyle
(60MW) and Rhyl Flats (90MW).
The degree of involvement across this
portfolio of wind farm projects covers
the entire project life cycle – from the
identification of suitable wind farm
sites, completion of EIAs and obtaining
the necessary onshore and offshore
consents to financial close, engineering,
procurement, construction and operation
and maintenance.
European offshore wind portfolio The total European portfolio of the
Forewind partners includes more than
9.2GW of offshore wind farm projects
which is separated into:
• 6GW in development
• 2.2GW consented
• 0.9GW under construction
• 0.1GW in operation
Why form a consortiumThe extraordinary challenges facing Round 3 developers require extraordinary resources and innovative
thinking. Forewind brings together the respective knowledge, experience and financial capacity of four
leading international energy companies to deliver projects of significant magnitude.
Forewind brings together decades of UK and Nordic expertise spanning the offshore wind, North Sea oil
and gas and hydro power industries. Forewind draws on exceptional:
• Financial strength and stability• Proven track record of offshore project delivery in UK, Ireland, Germany,
The Netherlands and Norway• North Sea Health and Safety experience• Offshore wind development commitment• Human resources and organisational capacity• Supply chain strategy• Grid transmission experience
Each of the Forewind partners is convinced that only a grouping of a number of financially strong,
committed and expert companies can deliver the scale of offshore wind required for the Round 3 zones.
The Forewind companies - all leading players in their own right - recognise that by joining forces they
have the ability to make a significant contribution to the future of offshore wind energy in the UK.
RWE npower renewables (an RWE Innogy company)www.rweinnogy.comwww.npower-renewables.com
Scottish and Southern Energywww.scottish-southern.co.uk
Forewind: 55 Vastern Road, Reading, Berkshire, RG1 8BU, UK. www.forewind.co.uk
Contact: Sue VincentPR & Communications. mobile: +44 (0)77 6850 8742email: [email protected]
Statoilwww.statoil.com
Statkraftwww.statkraft.com
www.forewind.co.uk | [email protected]