Equinor has closed the agreement to sell a 10% interest in Dogger Bank A (1,200 MW) and Dogger Bank B (1,200 MW) assets to Eni. As part of this transaction Eni has also completed the agreement to purchase a 10% interest in the Dogger Bank A and Dogger Bank B assets from project partner SSE on the same terms.
Following this transaction, the new overall shareholding in Dogger Bank A and Dogger Bank B is SSE Renewables (40%), Equinor (40%) and Eni (20%). Eni entered the Dogger Bank A and B assets effective from financial close of project financing which was reached on 25 November 2020.
The third phase of the wind farm, Dogger Bank C (1,200 MW), is being developed under a different timeline. There is no change to the ownership of this phase, in which Equinor and SSE each have a 50% stake.