The Neart na Gaoithe offshore wind farm will be located 15.5 km off the Fife coast and covers an area of approximately 105 km². EDF Renewables UK acquired the project in May 2018 as part of a competitive bidding process. ESB purchased a 50% stake in the project in November 2019.
The NnG site was chosen because it combines technical, economic and environmental deliverability. Some of the criteria that formed part of the site selection process included; water depth, ground condition, expected energy yield, access to port facilities and more.
NnG is one of two Scottish offshore wind farms to have won a Contract for Difference (CfD). It gives the wind farm an inflation-linked strike price for the electricity it produces for a period of 15 years. This revenue stream makes the project financeable and will enable it to reach financial close.
| Company Details | |
|---|---|
| Company Name | NnG Offshore Wind |
| Business Category | Wind |
| Address | Atria One 144 Morrison Street Edinburgh Scotland United Kingdom ZIP: EH3 8EX. |
| President | NA |
| Year Established | NA |
| Employees | NA |
| Memberships | NA |
| Hours of Operation | NA |
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