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Mainstream Renewable Power (Mainstream) and Ocean Winds have signed the seabed lease agreement with Crown Estate Scotland to the value of GBP 36 million for the development of a 1.8GW floating offshore wind farm off the Shetland Islands in Scotland.
Mainstream and Ocean Winds were appointed preferred bidder by Crown Estate Scotland during the ScotWind clearing process in August 2022. With secured development rights, Mainstream and Ocean Winds have named the project Arven Offshore Wind Farm.