EDP Renováveis and ENGIE consortium is awarded long-term CfD for 950 MW in UK

EDP Renováveis and ENGIE consortium is awarded long-term CfD for 950 MW offshore wind project in UK EDP Renováveis, S.A. (“EDPR”) and ENGIE are pleased to announce that Moray Offshore Windfarm (East) Limited, a joint venture company currently owned by EDPR (77%) and ENGIE (23%), has been awarded a 15-year Contract for Difference (CfD)  for the delivery of 950 MW of offshore wind generation at £57.50/MWh (in real 2012 terms). The contract was awarded by the UK’s Department for Business, Energy & Industrial Strategy (“BEIS”) following its latest CfD auction. EDPR and ENGIE are jointly developing this project, which is located off the north-east coast of Scotland. Upon conclusion of

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