Statkraft’s first wind power licence in the UK

29.03.2007 08.00 | pressrelease

Statkraft and its partner, Catamount Energy Corporation, have been given a licence to build Blaengwen Wind Farm in Wales in the UK. This is Statkraft’s first wind power licence outside Norway. The wind farm could be ready within two years.

“With our first licence for wind power in the UK, we have reached a milestone. This demonstrates that Statkraft is also ready to develop renewable energy production outside Norway. All that now remains is to invite tenders and make the decision to invest,” says Executive Vice President Ingelise Arntsen.

In operation in two years’ time

Blaengwen Wind Farm is planned for a range of hills north of the town of Carmarthen in South Wales. The wind farm will be about 20 km inland of the west coast of Wales. The licence will allow for wind turbines up to 110.5 metres high, measured from the ground to the highest point of the wind turbine. The wind farm will consist of 10 wind turbines and a licence has been granted for a total generating capacity of up to 30 MW. The wind farm could be ready within two years.

Investing heavily in the UK

The project has been developed by Force 9 Energy in partnership with Catamount Cymru Cyf (CCC), who will be the owners of Blaengwen Wind Farm. Statkraft and the American Catamount Energy Corporation each own half of CCC. The companies are working together on a number of wind power projects on the mainland of Great Britain and have also applied for licences for a further three wind farms. In addition, Statkraft is part owner in five other projects in the British Isles, but with other partners. “There are two fundamental reasons for us investing so heavily in wind power in the UK. There are good wind conditions here and also the best financial incentive schemes in Northern Europe today,” says Arntsen.

Statkraft has three large wind farms in Norway, on Smøla and Hitra and in Kjøllefjord. Wind power is renewable energy and this form of power production does not emit any polluting discharges to the soil, air or water.

Statkraft is Europe’s second largest company within renewable energy. We produce hydropower and wind power, and we focus on innovation with a clear ambition to deliver the energy solutions for the future. We are a major operator on the European energy markets with special expertise within physical and financial power trading. In Norway we own shares in companies that supply electricity to more than 600,000 customers. In 2006, we had a turnover of more than NOK 16 billion and a total balance sheet of more than NOK 96 billion. More than 2000 employees in Norway, Sweden, Finland, Germany, the Netherlands, the UK, Bulgaria and Serbia create value every day. Together we strive to be a European leader in environment-friendly energy.