Total SA to Bid for Stake in $7.4 Billion Wind-Farm Project -Bloomberg
February 28 2020 - 9:01AM
Dow Jones News
--Total SA is among the final bidders for a stake in an offshore
wind farm in the North Sea that is expected to cost $7.4 billion
over its lifetime, Bloomberg reports, citing people familiar with
the matter.
--British utility company SSE PLC is currently developing the
wind farm and is seeking partners to help cover the costs and take
on the risks, according to the news outlet.
--The move is significant as it underlines major oil companies'
rising interests in renewables assets, Bloomberg reports.
Full story: https://bloom.bg/3cgEly4
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
February 28, 2020 08:46 ET (13:46 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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