Centrica mulls huge offshore windfarms investment

[OKIsItJustMe]

http://www.reuters.com/article/environmentNews/idUSL2122440620080221

Centrica mulls huge offshore windfarms investment

Thu Feb 21, 2008 9:37am EST

By Pete Harrison

LONDON (Reuters) - British Gas parent company Centrica said on Thursday it was evaluating a potential multi-billion pound increase in investment in renewable energy, largely targeted at offshore turbines.

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Centrica already plans to build around 1.5 gigawatts of renewable generation with partners at a cost of around 3 billion pounds.

It has one offshore windfarm already running at Barrow, northwest England.

It is also currently building two 90 megawatt windfarms at Lynn and Inner Dowsing 5 km off Britain's east coast, which together are expected to provide enough power for more than 130,000 homes. Three other offshore windfarms are awaiting planning approval.

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