Dutch marine contractor Royal Boskalis Westminster has signed a pre-construction agreement for the 784MW Inch Cape offshore wind project in the UK with the Inch Cape Offshore Ltd. subsidiary of Red Rock Power that it expects to exceed a value of €200m ($228.9m).

The preferred contractor agreement is still subject to a success of the project off the eastern coast of Scotland in the next UK contracts for difference auction this year and a financial close expected in the second half of next year.