RWE is also confident of finding new co-investors in the project, which looked dead in the water late last year.

RWE Innogy, the renewables arm of RWE, announced in October it would not continue with Galloper in its current form, citing issues of financing the project under the timetable of the UK's outgoing Renewables Obligation (RO) support mechanism.

The Galloper project – which RWE Innogy had been co-developing with UK utility SSE, which had already said it wanted out – at that stage looked to have little future.

However,