19 December 2017 by Craig Richard UK: Statkraft has agreed to sell its 30% stake in the 402MW Dudgeon project, its last remaining offshore interest.
Hydropower company Statkraft will sell its 30 % equity stake in the 402 ##m Dudgeon offshore project to a consortium including the state - owned China Resources Holdings Company . The project , which will cost £ 555 million ( $ 752 m ) , still needs to undergo examination by Chinese and German competition authorities , and potentially the Korean regulator . The sale is likely to be completed by the end of the first quarter of 2018 . Statkraft said in 2015 that it planned to leave the offshore wind industry due to its drain on capital , with Dudgeon being its last customer .