Fid Financial Close

West of Orkney Windfarm is working towards a Final Investment Decision (FID) targeted for 2026, marking the key milestone at which the 2 GW project’s full capital commitment and financing structure are expected to be confirmed. The project’s Supply Chain Development Statement (SCDS) Outlook, submitted as part of the ScotWind leasing process, explicitly frames a suite of preparatory investments as being implemented ahead of this 2026 FID. These include a dedicated £105 million project-level supply chain investment initiative, which is anticipated to be leveraged up to £140 million through third‑party match funding, and which is designed to strengthen local ports, harbour infrastructure, skills, and supplier capability before the project reaches FID. [1][2] The SCDS Outlook further explains that this investment programme is phased from the 2022 site award and will run until the project attains its final investment decision, with early capital expenditure of up to £50 million committed pre‑FID to give key suppliers confidence to expand capacity in line with the project’s delivery schedule. The developers emphasise that these pre‑FID measures support a wider ambition to achieve 60% UK content (including 40% in Scotland) across the project’s lifecycle. Taken together, these statements confirm that FID has not yet been taken but is a clearly defined future milestone for 2026, anchoring the project’s current development and supply‑chain engagement strategy. [2][3]