Eni has teamed up with Mainstream Renewable plc to jointly target the UK 's next Contracts for renewable ( CfD ) auction . The firms have signed a cooperation agreement to fund large - scale renewable projects , including offshore wind , with an initial focus on UK - based initiatives . The auction , scheduled for 2021 , will be the UK 's fourth bi - annual CfD allocation round after the third incarnation took place in September . The UK government has committed to raise £ 557 m ( $ 686 m ) to support the auctions .
Eni has teamed up with Mainstream Renewable Power to jointly target the UK's next Contracts for Difference (CfD) auction. The firms have signed a cooperation agreement to develop large-scale renewable projects, including offshore wind, with an initial focus on UK-based initiatives. The auction, scheduled for 2021, will be the UK's fourth bi-annual CfD allocation round after the third incarnation took place in September. The UK government has committed to allocating £557m ($686m) to support the auctions.