Dong Energy has fully acquired the 4GW Hornsea offshore wind development zone in the UK North Sea with the acquisition of rights to 3GW of offshore power generation capacity.
The company purchased the rights to the Hornsea Project Two and Three from Mainstream Renewable Power and Siemens Financial Services.
Situated between 31km and 190km off the Yorkshire coast, the Hornsea Zone covers more than 4,000km².
Dong Energy executive vice president Samuel Leupold said: "We have already invested around £6bn in the UK, and the Hornsea Zone provides us with new exciting development opportunities, not least because of the sheer size of the project in terms of acreage as well as the high generation potential.
"This will help us in our committed efforts to reduce costs of electricity and maintaining our position as global leader in offshore wind beyond 2020."
In addition to meeting the energy needs of more than three million households in the UK, the zone is expected to contribute to security of supply, helping combat climate change.
Dong Energy acquired the 1,200MW Hornsea Project One project in February.
"Today’s announcement underlines our strong commitment to helping the UK deliver low carbon energy supplies while creating jobs and building a strong local supply chain."
Image: Dong Energy acquired the Hornsea Project One project earlier this year. Photo: courtesy of the Crown Estate.