The offshore wind opportunity is truly enormous, with over £130 billion of investment envisaged over the next 11 years through the Scottish and UK Offshore Rounds. The North Sea is once again opening up for development, this time driven by the global demand for clean energy, and SeaEnergy will be at the heart of this revolution, says Stephen Remp, Executive Chairman of Ramco Energy.

SeaEnergy’s unique experience in the successful development of deep water offshore wind turbines – an industry first – is reflected in the quality of our partnerships already formed with major European utilities.”

Ramco, to be renamed, SeaEnergy PLC, will be the only listed pure play offshore wind energy company in the UK. The SeaEnergy team conceived, developed and delivered the world’s first deep water wind farm development - the Beatrice offshore wind farm (10MW) (the “Beatrice Project”). The Beatrice Project involved the installation of the two largest wind turbines (5MW each) ever deployed offshore, at water depths of 45 metres. This, combined with the Ramco team’s expertise in delivering deep water offshore developments in the oil and gas industry, puts SeaEnergy in an unrivalled position at the vanguard of the emerging offshore renewables industry.

To date SeaEnergy has secured a 25% interest in two joint ventures to develop offshore wind farms with a total capacity of over 1800MW with partners Scottish & Southern Energy (Airtricity) and RWE AG (npower). Together with EDP Renewables (EDPR) it has also made applications for sites to be awarded through the UK Offshore Round 3 process.

Tags: Ramco Energy