Northland Power announced a deal with Irish energy firm ESB to sell a minority stake of its holdings in two offshore wind projects planned in Scotland.
Electricity company Northland said in a statement that it sold a 24.5% stake in the planned 1.5GW Havbredey and 840MW Spiorad na Mara offshore wind projects to ESB.
Northland retains a majority 75.5% stake in both projects, which it dubbed its Scotwind portfolio, under the terms of the deal.
Spiorad na Mara is a planned fixed-bottom offshore wind project due to be built around 5km from the west coast of Lewis, an island in north west Scotland.
Havbredy is a proposed floating wind project planned around 35km off the Lewis coast.
Both projects are in the early planning stages.
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