Ikea-owner Ingka Investments is looking to expand its pipeline of Nordic offshore wind farms by joining a consortium bidding in Norway’s upcoming Utsira Nord seabed leasing round.
Ingka – alongside Japanese utility Kansai Electric Power (Kepco) – will join Norwegian drilling contractor Odfjell Oceanwind and European renewables developer Source Galileo in their efforts to secure acreage in the tender under the name 'Utsira Vind'.
The Utsira Nord tender is due to be held in September.
Norway is offering three sites in the Utsira Nord zone off the country’s south coast that it believes could each support 500MW of capacity.
If successful in the tender, Ingka and Kepco will each own 20% of the projects and Odfjell and Source Galileo will each own 30%.
The bidding round has attracted the likes of Corio, Vattenfall, and Iberdrola, as well as the Utsira Vind consortium.
Ingka has previously signed deals to buy into multi-gigawatt-scale offshore wind pipelines in Sweden and Finland.
Meanwhile, Kepco formed a partnership with Saitec earlier this week to help the engineering firm develop a floating offshore wind pilot project off the coast of Spain. It is also backing a floating offshore wind farm in Japan, and also owns stakes in operational offshore wind farms in UK waters.
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