BendiNewsTest: Oil-Rich Masdar Buys Big into Another Offshore Wind Farm Project in the UK

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This page is currently being developed. This page checks Sustainability Blogs and RSS News Feeds for new content and posts it to here each day. The aim is to share information related to sustainability which is relevant to people living in Central Victoria while also providing a channel for international sustainability information. I am just discovering the Internets information sharing potential. I'd like to help other not so tech savvy people learn how to find interesting and new Sustainability info. Please tell me your favorite blogs or news sources and I will add them to the list.

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Wednesday, September 24, 2014

Oil-Rich Masdar Buys Big into Another Offshore Wind Farm Project in the UK

Demonstrating that renewable energy is on the rise the world over, a company from the oil-rich United Arab Emirates recently bought a stake in a $2.5 billion offshore wind farm project in the United Kingdom. Abu Dhabi-based Masdar bought a 35 percent stake in the 402 Megawatt Dudgeon wind farm project located off the coast of Norfolk in Eastern England, worth a total of more than $850 million – along with Norway’s Statoil and Statkraft, which own 35 and 30 percent respectively.