K2 Management appointed for 1.2 GW Dogger Bank C offshore wind project on the North Sea

K2 Management has completed its pre-financial close due diligence work as lender’s technical advisor (LTA) for the third phase of the Dogger Bank Wind Farm (1.2 GW Dogger Bank C)  and has been appointed to a four-year construction monitoring role. 

In November 2021, SSE Renewables and Equinor, 50:50 joint venture partners in Dogger Bank C, announced Eni will take a 20% stake in the final phase, with SSE Renewables and Equinor maintaining 40% stakes each. The deal is expected to complete in Q1 2022 subject to regulatory approvals. The Dogger Bank C project reached a financial close in December 2021, with completion expected in 2026.

K2M is already one year into a four-year construction monitoring scope on Dogger Bank A and B, ensuring that permitting, design, manufacturing, and construction expenditure progresses in line with project lenders’ assumptions. The company has now been chosen to carry out this work for Dogger Bank C until 2026.