Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 26 November 2020, SSE Renewables and Equinor announced financial close on Dogger Bank A and B, representing the largest offshore wind project financing to date globally at GBP 5.5 billion. The final group of lenders comprised 29 banks and three export credit agencies. Total capital expenditure for each phase was around GBP 3 billion, including offshore transmission capex of approximately GBP 800 million per phase.