Tuesday, 5 April 2011

Centrica Begins Construction on $1.2 Billion Wind Farm in U.K.'s Northeast

Centrica Plc (CNA), the U.K.’s biggest energy supplier, started building a 725 million-pound ($1.2 billion) sea-based wind farm near Skegness in the northeast.

The 270-megawatt Lincs wind farm should begin producing power by the end of next year, Julian Mears, a spokesman from West Sussex-based Centrica, said today by e-mail.

Siemens AG (SIE) is providing 75 turbines of 3.6 megawatts each for the project with all of the electricity produced to be sent to the National Grid, Mears said.

The facility is being funded through a joint venture between Centrica, which owns half the project, and Dong Energy A/S and Siemens Project Ventures GmbH, which own the remainder, said Mears.

To contact the reporter responsible for this story: Louise Downing in London at Ldowning4@bloomberg.net

To contact the editor responsible for this story: Reed Landberg in London at landberg@bloomberg.net

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