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Co-financing the 3.6GW power bank.
Net zero. Two decades ahead.
The world’s largest offshore wind farm is being constructed on a stretch of land that once connected the UK to mainland Europe. Dogger Bank Wind Farm will have 280 wind turbines and an aggregated generation capacity of 3.6GW.
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Dogger Bank |
Energy |
Financing |
In the North Sea, one of the largest offshore wind farms is being constructed on Dogger Bank, a stretch of submerged land that once connected the UK to mainland Europe. With a total of 277 wind turbines, Dogger Bank Wind Farm will have an aggregated installed generation capacity of 3.6GW.
The park is expected to be operational by 2026 and will be connected to the UK power grid. It will have the capacity to power 6 million households annually
SEB is committed to European offshore wind power and is one of the banks involved in providing financing, as well as currency and interest rate hedging, for this project.
Facts about Dogger Bank’s operations and goals are sourced from doggerbank.com/about
Dogger Bank is an offshore wind farm located in the North Sea. It generates renewable energy from wind turbines to power homes and businesses, while helping to reduce greenhouse gas emissions and mitigate the effects of climate change. With a capacity of up to 3.6 GW, it is set to become the world's largest offshore wind farm when it becomes operational in 2026.
By offering advisory services, innovative and sustainable financing and investment products, we're helping our clients to reach their sustainability targets.
SEB's sustainability experts have extensive knowledge in areas such as climate and financing solutions, sustainable investments and regulatory development in the European Union.