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| Fluor builds world's largest offshore wind farm Fluor Corporation announced that it signed a contract with Scottish and Southern Energy (SSE) to design and construct the 500 megawatt (MW) Greater Gabbard Offshore Wind Farm. The venture is the world's largest offshore wind farm project to move into the construction phase and will be built approximately 25 kilometers off the Suffolk coast of the United Kingdom (UK). The new award will be booked in the company's second quarter of 2008 and is worth approximately $1.8 billion (GBP 900 million). It will be the first UK offshore wind farm to be built outside territorial waters and will provide carbon neutral, renewable electricity for more than 415,000 homes, equivalent to the approximate domestic demand of Suffolk. The Greater Gabbard Offshore Wind Farm Project has been developed by a 50:50 joint venture between Fluor International Limited and Airtricity (acquired by SSE in February 2008). Having successfully completed the development phase and signed the construction contract, Fluor has sold its 50 percent stake in Greater Gabbard Offshore Winds Ltd to SSE for approximately $80 million (GBP 40 million). Construction work is scheduled to commence for the offshore site in summer 2009, with work to prepare the site for the onshore substation already underway. The wind farm will be commissioned in two phases, with the entire construction scheduled to be completed in 2011. write your comments about the article :: © 2008 Construction News :: home page |