EDP Renewables expects to win UK wind project

By IBTimes Staff Reporter | January 06 2010 1:01 PM

LISBON - Portugal's EDP Renewables (EDPR) expects to be awarded a 1.3 gigawatts development project in the third offshore wind farm leasing round in the United Kingdom, the company said on Wednesday.

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Based on the information the company has received from British authorities, EDPR expects to receive a development agreement for an offshore wind farm located in the northeast of Scotland, it said in a statement.

It said the final decision should be made later in January.

EDPR, the wind energy unit of Energias de Portugal, is the world's fourth-largest wind energy company in terms of installed capacity.

It is bidding in the UK leasing round through a joint venture in which it holds 75 percent. The remainder is owned by SeaEnergy Renewables Limited.

At 1225 GMT shares in EDPR were 0.92 percent lower at 6.9060 euros.

(Reporting by Axel Bugge; Editing by Hans Peters)

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