SER signs wind farm agreement with Crown Estate

Sea Energy Renewables (SER), a subsidiary of offshore wind development company Sea Energy, has agreed a Heads of Terms (HoT) agreement with the Crown Estate for the funding of certain Inch Cape wind farm development activities.

The HoT agreement states that the Crown Estate will directly invest up to £1.4m in key surveys and reports, including scoping reports, geophysical surveys and bird and mammal surveys, which will be directly contracted and managed by SER.

The Crown Estate and SER will now seek to finalise a formal development agreement in respect of these arrangements.