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E.ON, Shell in talks over London Array wind park project – report

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Thomson Financial News

E.ON, Shell in talks over London Array wind park project – report

07.15.08, 3:27 AM ET

FRANKFURT (Thomson Financial) –E.ON AG. is in talks with Royal Dutch Shell to acquire the latter’s stake in their joint wind park project London Array off the British coast, Boersen-Zeitung reported, citing company sources.

Shell in May decided to withdraw from the project, citing higher-than-expected costs which according to the report could cost up to 2.6 billion euros.

Denmark’s Dong Energy also holds a one-third stake in the 1,000-megawatt project.

 

 

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