Scotwind leasing

BlackRock Real Assets participates in the NextGen consortium, a group of leading offshore wind companies participating in Crown Estate Scotland’s ScotWind leasing process. BlackRock was advised by Amscap, that merged with Voltiq in July 2022.

BlackRock’s Global Renewable Power platform (BlackRock) is participating in the NextGen consortium together with Quaybridge Scotland Ltd, Parkwind NV, Maple Power Ltd and Sumitomo Corporation. 

The NextGen consortium has submitted bids to Crown Estate Scotland (“CES”) under the ScotWind leasing process, which will grant property rights for the seabed in Scottish waters for the development of the next generation of commercial scale offshore wind projects. CES aims to enable as much as 10 GW of new generating capacity from offshore wind farms off the coast of Scotland over the next decade.