A clutch of possible buyers including one Chinese group are considering bids for the UK offshore wind stakes put up for sale by Norway’s Statkraft, according to a report.
UK insurance giant Aviva, China Resources Power Holdings, global investment group Macquarie and Copenhagen Infrastructure Partners are deciding whether to make offers for the Statkraft assets, said financial newswire Bloomberg, citing unnamed sources with knowledge of the matter.
The Norwegian utility is marketing a 30% stake in the 402MW Dudgeon project, which is in the final stages of construction, and 40% of the 317MW Sheringham Shoal, which has been operating since 2012.
Bloomberg said the project stakes may attract bids between $750m and $1bn.
Statkraft is pulling back from offshore wind, a sector where its CEO told Recharge in a recent interview it had decided it was too small to compete effectively.
The Norwegian group expects to wrap up the sales process by late this year or early 2018.
