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BP PLC on Thursday said it has made a bid for two individual offshore wind leases in the Netherlands, consistent with plans to make €2 billion worth of clean energy investments in the nation.
The assets, Hollandse Kust West sites VI and VII, have the potential to achieve a combined 1.4 gigawatt generating capacity. They are located 53 kilometres off the country's west coast and contain two wind farm sites, with a total area of 176 square kilometres.
The bid for HKW VI includes a commitment to invest €75 million in ecological monitoring. The cash will also go towards applying technology to ‘enhance North Sea environment and ecology’.
‘Success in the bids will enable a series of additional integrated clean energy investments in the Netherlands of up to €2 billion in line with BP's strategy including integrating offshore wind with electrification of industry and mobility and green hydrogen production, supporting decarbonisation of refining, aviation and transportation,’ BP said.
BP shares were 3.1% lower at 402.75 pence each in London on Thursday morning.
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