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EON, Dong buy Shell stake in British wind farm

EON, Dong buy Shell stake in British wind farm

FRANKFURT (AFP) — The biggest German power group, EON, and Dong Energy of Denmark have bought additional stakes in the London Array wind park from the Anglo-Dutch energy company Shell, an EON statement said Monday.

EON and Dong will own the world’s biggest offshore installation equally, the statement said, without providing financial details.

The wind farm is being built more than 20 kilometres (12 miles) off the Kent and Essex coasts, with a four-year plan expected to install up to 341 turbines, according to the London Array website.

When fully complete it would generate up to 1,000 MW of electricity, enough to run 750,000 homes, the company added.

http://afp.google.com/article/ALeqM5gBnY73abh8_hz9VEN0ah71o3-b1A

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