Mitsubishi picks up a third of Moray East wind farm

Mitsubishi has announced it will acquire 33.4% of shares in Moray Offshore Windfarm (East) Limited, through its wholly owned UK-based subsidiary Diamond Generating Europe (DGE), with EDP Renewables, a renewable energy company from Spain.
Moray East is due to begin construction this year. The project is located in the North Sea, 22km off the coast of Scotland. It will have a maximum capacity of 950MW and is scheduled to be commissioned in 2022.
DGE has established an in-house team “exclusively dedicated to managing offshore wind power projects”, says Mitsubishi, including the existing 130MW Luchterduinen offshore wind farm in the Netherlands and the 370MW Norther offshore wind farm in Belgium. It wants to use that experience “to take greater initiative in the development, construction and operation” of Moray East.
Mitsubishi said it sees its participation in successive offshore wind power businesses as an opportunity to contribute to the realisation of a “low-carbon” society.

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