SSE wins 1.4 gigawatts at Berwick Bank in UK government wind auction
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SSE PLC has secured a 20-year contract for 1.4 gigawatts of offshore wind power from its Berwick Bank wind farm, following a successful bid in the UK's seventh contracts for difference (CfD) auction. The project will progress towards a final investment decision expected in 2027, with a guaranteed strike price of GBP89.49 per megawatt hour. The Berwick Bank project, with a total planned capacity of 4.1 gigawatts, aims to significantly contribute to the UK's offshore wind targets. SSE shares rose 2.0% following the announcement.
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