Energy company RWE and investment firm KKR have committed £12bn to build the Vanguard West and Vanguard East offshore wind farms off the Norfolk coast, with both projects due to be operational by 2030, the government said today.
The government said the sum was believed to be the biggest investment of its kind in UK history. It said the developers had now made their final investment commitment, with onshore works already well advanced and offshore construction set to begin in early 2027.
The announcement came as Prime Minister Andy Burnham prepares to travel to the COP31 Leaders’ Summit in Türkiye.
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