Sheringham Shoal and Dudgeon offshore wind farm extension projects to be developed jointly

The Sheringham Shoal and Dudgeon offshore wind farm extension projects in Norfolk, UK, will be developed under a joint ownership structure, subject to regulatory approval. This will streamline the development process by combining the two projects into a single legal entity.

Development consent for both projects was granted in April 2024 under a unified application, allowing for joint or sequential development approaches. The new ownership structure facilitates cost-effective development, reduces environmental impacts in Norfolk, and supports the UK’s clean power target for 2030.

The extensions are expected to generate enough power to supply 1.5 million UK homes, up from the current 710,000. The project will contribute over £370 million ($468.2 million) in direct gross value added (GVA) to the East Anglia region and the wider UK economy. Equinor UK Renewables vice-president Halfdan Brustad highlighted the competitive edge of this joint development, leveraging economies of scale, shared infrastructure, and minimized disruption.

The Dudgeon extension project is co-owned by Equinor (35%), Masdar (35%), and China Resources Power (30%). Equitix Offshore 3 and Macquarie Asset Management hold options to acquire a combined 60% stake at the final investment decision.