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£1.08 Billion Boost for UK Offshore Wind Projects

10/31/2025

32 6 Full Breakdown

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Story summary
  • The UK Department for Energy Security and Net Zero announced Allocation Round 7 Contracts for Difference for Offshore Wind, with a £1.08 billion budget from 2028/29 to 2031/32, including Pot 3 and Pot 4.
  • French investor Mirova raised €1.2 billion for its Mirova Energy Transition 6 fund, which aims to reach €2 billion to back renewable projects in Europe and North America.
  • The fundraising signals institutional interest in energy transition infrastructure.