Energy company TotalEnergies, Macquarie’s Green Investment Group (GIG) and offshore wind developer Renewable Infrastructure Development Group (RIDG) announced today that they have joined forces to bid for sites in the upcoming leasing round for ScotWind, Scotland’s multi-billion dollar, 10GW offshore wind project.
The ScotWind bid process is being run by Crown Estate Scotland, which manages land and property owned by the Monarch in right of the Crown, including rights for Scotland’s seabed. According to Crown Estate Scotland, ScotWind aims to significantly increase the amount of power generated from renewable energy, forming a major step in Scotland’s plans to achieve net zero emissions by 2045.
The new partnership combines the expertise of a leading energy company, major green infrastructure investor and experienced offshore wind developer. TotalEnergies is targeting the development of 35 GW of gross renewable generation capacity by 2025 and 100 GW by 2030, GIG has over 250 projects under development and construction, with a pipeline of more than 30 GW, and is developing or has invested in over 20 offshore wind projects around the world with a cimulative capacity of over 12 GW, and RIDG’s management team brings 40 years of offshore wind project, technical and industrial development experience.
Jean-Luc Guiziou, Managing Director of TotalEnergies E&P UK, said:
“TotalEnergies is delighted to join forces with GIG and RIDG to contribute to the Scottish energy transition and the scaling up of its offshore wind sector. This consortium builds on a unique blend of skills and expertise required to safely deliver a competitive project. As one of the largest operators in the UK energy industry, TotalEnergies will bring its extensive expertise in offshore project delivery, operations and maintenance.”
TotalEnergies and GIG have partnered on several largescale renewable energy projects. Earlier this year, the companies secured rights to a seabed lease in the Eastern Regions zone in the Crown Estate’s England and Wales Offshore Wind Leasing Round 4 to develop a 1.5 GW offshore wind project, and the companies are also partnering on the development of a portfolio of floating offshore wind projects in Korea, including 5 projects totalling 2.3 GW of capacity.
Ed Northam, Head of GIG Europe, said:
“The addition of TotalEnergies to our bidding consortium brings together a team who have a long track record in delivering major infrastructure projects in challenging environments – a key requirement given the growing scale and complexity of the next generation of fixed bottom and floating offshore wind farm projects.”