Masdar snaps up stake in Peterhead floating wind farm

Michael Holder
clock • 4 min read

Norwegian energy giant Statoil sells 25 per cent stake in world's first floating wind farm project off coast of Scotland

Statoil has agreed to sell a 25 per cent stake in its Hywind pilot project to build the world's first floating wind farm off the east coast of Scotland to leading green energy investor Masdar, it announced...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Study: Europe's renewables-plus-battery storage capacity to reach 35GW by 2030

Study: Europe's renewables-plus-battery storage capacity to reach 35GW by 2030

Aurora Energy Research forecasts power capacity from projects that combine wind or solar with energy storage growing almost six-fold by end of the decade.

Michael Holder
clock 11 May 2026 • 4 min read
Mill Rig Wind Farm installs record-breaking turbine blades

Mill Rig Wind Farm installs record-breaking turbine blades

80-metre-long blades are the largest ever to be installed at a UK onshore wind farm

James Murray
clock 07 May 2026 • 2 min read
IRENA: Round-the-clock renewable power frequently cheaper than fossil fuels

IRENA: Round-the-clock renewable power frequently cheaper than fossil fuels

Study from International Renewable Energy Agency concludes that 'long-standing argument that renewables lack reliability no longer holds'

Michael Holder
clock 06 May 2026 • 5 min read