REG - SSE Plc - SSE secures 1.4GW CfD for Berwick Bank Wind Farm

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RNS Number : 8517O  SSE PLC  14 January 2026

 

SSE PLC

SSE secures 1.4GW CfD for Berwick Bank Wind Farm

SSE has successfully secured a 20-year contract for 1.4GW of low carbon
offshore wind power from Phase B of its Berwick Bank Wind Farm project in the
UK's seventh Contracts for Difference (CfD) Allocation Round, announced today.

Berwick Bank B will receive the guaranteed strike price of £89.49/MWh for
1,380MW of offshore renewable energy capacity, based on 2024 prices, but
annually indexed since then for CPI inflation, for the contracted low carbon
electricity it will generate for a 20-year period.

SSE will now progress the project towards a final investment decision in line
with our hurdle rates and investment criteria, expected in 2027.

Following this contract success for Berwick Bank B, the remaining two A and C
phases of Berwick Bank are available for entry into upcoming auction rounds,
with the UK's eighth CfD allocation round expected towards the end of this
year. The three phases of Berwick Bank Wind Farm together total 4.1GW.

 

Martin Pibworth, Chief Executive of SSE plc, said:

"We are delighted Berwick Bank B has been successful in AR7 and has secured a
CfD for 1.4GW of essential new low-carbon power for the UK at a competitive
price for consumers. This milestone enables us to advance the project towards
a final investment decision and reinforces our commitment at SSE to delivering
sustainable growth and long-term value for society, for consumers and for our
shareholders.

"If built to its full projected capacity of more than 4GW, Berwick Bank Wind
Farm can rank among the largest offshore wind projects globally. It would
represent the single most significant contribution toward achieving the
Scottish and UK Governments' offshore wind targets and can accelerate the
delivery of homegrown, affordable and secure clean energy to UK consumers from
excellent Scottish offshore wind resources."

 

 Enquiries
 Investors  SSE Investor Relations  ir@sse.com (mailto:ir@sse.com)        Michael Livingston  +44 (0)345 0760 530
 Media      SSE Media               media@sse.com (mailto:media@sse.com)  Ross Easton         +44 (0)345 0760 530

                                                                          Jacob Hamilton

            MHP Group                                                     James McFarlane     +44 (0)7584 142665

 

 

 

 

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