Today innogy already operates renewable energy plant with a total generating capacity of roughly 3.7 gigawatts, including over 900 megawatts from offshore wind. In the years 2017 to 2019 innogy intends to invest €1.5 billion to €1.7 billion in renewable energies.

The planned wind farm, located 32 kilometres off the coast of Lincolnshire in the east of England, has already been fully approved. The location offers good, proven wind conditions and moderate average water depths of 18 metres. The final investment decision for Triton Knoll is expected to be made inmid-2018. Until then the financing process will be finalized and contracting agreements completed with the project's supply chain partners. Also in 2018, onshore works are scheduled to begin to provide the grid connection. Offshore construction is expected to start in 2020. According to current planning, commissioning of Triton Knoll will be started in 2021.

The wind farm has a planned installed generating capacity of 860 megawatts and will be able to supply the equivalent of an expected minimum of 800,000 UK households p.a. with renewable electricity. The planned investment volume amounts to approximately £2 billion (which corresponds to roughly €2.2 billion at the current exchange rate).

Innogy SE published this content on 11 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 September 2017 06:58:03 UTC.

Original documenthttps://news.innogy.com/en/innogy-successful-in-uk-auction-with-triton-knoll-offshore-wind-project/

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