Dogger Bank C is being monitored by K2 Management

[Image: Dogger Bank Wind Farm]

On the 1.2GW third phase, Consultancy additionally performed due diligence as the lender’s technical advisor.

K2 Management has been assigned to a four-year construction monitoring role after completing its pre-financial closing due diligence work as lender’s technical advisor for the 1200MW third phase of the Dogger Bank offshore wind farm off the east coast of England.

K2 Management has been selected to handle those workstreams for all three stages of the project, making it a hat-trick of Dogger Bank wins.

K2 provided a bank launch and financial close report for lenders after doing technical due diligence on all elements of the project design, delivery, and operations.

On the 1.2GW each Dogger Bank A and B, the business is already one year into a four-year construction monitoring scope, ensuring that permits, design, manufacture, and construction spending continue in accordance with project financiers’ projections.

It has been selected to do this work for Dogger Bank C till 2026.

“The Dogger Bank wind farm project highlights the actual potential of offshore wind power to cause major change in decarbonising the UK’s electricity supplies,” stated Dogger Bank financial director Oliver Cass.

“K2 Management’s due diligence experience, understanding of bank finance criteria, and significant track record in global offshore wind projects have been critical in realizing this promise.”

“It was vital in assisting with the effective completion of Dogger Bank C’s financial close – just as it did throughout the project’s first two phases.”

“We are tremendously delighted to have worked with the project team on all three stages of Dogger Bank,” stated Steve Hall, principal consultant at K2 Management and project manager for the Dogger Bank project.

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“Projects of this scope and magnitude present unique difficulties, but I’m delighted that, as strategic partners, we’ve been able to provide our unique blend of best-in-class communication, real-world expertise, market knowledge, and commercial and technical viewpoint.”

“It’s been a delight to work with project stakeholders throughout the financing process and to assist lenders in their analysis of the project’s final stage.”

SSE Renewables, Equinor, and Eni have formed a joint venture to build Dogger Bank, which is located more than 130 kilometers off the north-east coast of England.

SSE Renewables is in charge of building and delivery, while Equinor will run the wind farm once it is finished.

Dogger Bank is being developed in three 1.2GW phases, A, B, and C, because to its size and scale.