Equinor Secures UK Floating Wind Leases in Celtic Sea Push

Key Takeaways Equinor and JV partner Gwynt Glas secured 3 GW in total floating wind leases from The Crown Estate. EQNR will pay $470 per MW annually for its 1.5 GW project, expected to power over four million UK homes. The lease supports a multibillion-pound buildout and thousands of jobs in UK offshore wind infrastructure.Equinor ASA (EQNR) in partnership with joint venture Gwynt Glas — formed by EDF Renewables UK and Ireland's ESB — has secured rights to develop major floating wind farms in the Celtic S ...