Italy’s Eni to buy 20% stake in world’s largest offshore wind farm

Italian energy firm Eni is taking a 20% stake in what is set to be the world’s largest offshore wind farm.

The energy firms Equinor and SSE are both selling 10% stakes in the first two phases of the project, which is situated off the U.K. coast.

Eni will now take a share of Dogger Bank A & B, which will have a combined capacity of 2.4 gigawatts when fully operational. Upon completion of the deal, Equinor and SSE’s share in Dogger Bank A & B will still amount to 40% each.

In an announcement at the end of last week, Equinor said it would sell its equity interest in the scheme…