Race Bank Extension is a 565MW offshore wind power project. It is planned in North Sea, England, the UK. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in April 2030. Buy the profile here.
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Description
The project is being developed by Orsted. Orsted, Green Investment Group and Sumitomo are currently owning the project having ownership stake of 70%, 17.5% and 12.5% respectively.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by April 2030.
For more details on Race Bank Extension, buy the profile here.
About Orsted
Orsted AS (Orsted) is a renewable energy company. It develops, constructs and operates offshore and onshore wind farms, bioenergy plants, solar farms, and energy storage facilities, and provides waste-to-energy solutions and smart energy products. It produces heat and electricity using coal, natural gas, oil, biomass, wind and solar sources; and sells power and gas in wholesale and retail markets, and optimizes and hedges its energy portfolio. Orsted also owns and operates gas and power contracts, and originates and trades these for optimizing its portfolio; and operates Rene science plants, biogas upgrade facilities and biogas plants. It has operations in the UK, Denmark, Germany, the US, the Netherlands and other. Orsted is headquartered in Fredericia, Denmark.
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