Sheringham Shoal
Located 17-23km off Norfolk coast.
Status
Operationallifecycle stage
Ownership
Location
United KingdomNorth Sea
Technology
Capacity
317 MW ◆
Turbines
88 × 3.6 MW ◆
Model
Siemens Swt 3-6-107 ◆
Foundation
Monopile ◆
Site & conditions
Site rights
Seabed rights held ∴
Origination
Crown Estate Round 2 · 2003 ·
Water depth
16–22 m ◆
Distance from shore
18 km ◆
Wind speed
9.6 m/s @ 100 m ≈
Revenue & grid
Offtake
Other ◆
Grid
Secured · 2012 ◆
Connection
Salle substation (132 kV); 21.6 km underground cable from … ◆
Schedule
FID
2009 ∅
COD
Sep 2012 ◆
Project timeline & ownership verified milestones on the spine · ownership from Hafrok’s transactions record
Origination · 2003-12
Crown Estate Round 2
- Awarded to
- Equinor / Statkraft
- Basis
- seabed award
From the auction results — the round that created the project.
Farmdown · 2014-11
Equinor / Statkraft → Green Investment Group 20%
- Stake
- 20%
- Consideration
- €304m
- Implied 100% value
- €1,518m
- Implied
- €4.79m / MW
- Basis
- Price for the equity
- Announced
- 2014-11
- Closed
- 2014-12
- Project stage
- operational
The UK Green Investment Bank (now Green Investment Group, owned by Macquarie) bought a 20% stake in Scira Offshore Energy Limited, the owner of Sheringham Shoal, from Statoil (now Equinor) and Statkraft, 10% from each, for an agreed valuation of GBP 240m (EUR 304m at the November 2014 ECB average of 1.265 EUR per GBP). Statoil and Statkraft each kept 40%.
Evidence
- offshoreWIND.biz — GIB Pays GBP 240 Mln for 20% Stake in Sheringham Shoal's Owner ↗ 2014-11 ◆ held
- Companies House — Scira Offshore Energy Limited - accounts to 31 December 2013 ↗ 2014-04-09 ◆ held
From Hafrok’s transactions record
Acquisition · 2017-12
Statkraft → Equitix 40%
- Stake
- 40%
- Consideration
- €632m
- Implied 100% value
- €1,581m
- Implied
- €4.99m / MW
- Basis
- Price for the equity
- Announced
- 2017-12
- Project stage
- operational
Statkraft sold its entire 40% stake in Sheringham Shoal to Equitix for GBP 558m. Statkraft also transferred operatorship to Statoil (Equinor). After deal: Equinor 40%, Green Investment Group 20%, Equitix 40%. EUR figure at the ECB 2017-12 monthly average (1.1330 EUR per GBP).
Evidence
- offshoreWIND.biz — Equitix Buys Statkraft's 40% of Sheringham Shoal for GBP 558 Million ↗ 2017-12 ◆ held
- Companies House — Scira Offshore Energy Limited - accounts to 31 December 2016 ↗ 2017-05-03 ◆ held
From Hafrok’s transactions record
Secondary trade · 2017-12
Equitix → TRIG 14.7%
- Stake
- 14.7%
- Consideration
- €90.6m
- No multiple
- The GBP 80m was TRIG's contribution to a pooled acquisition with Equitix, not an arm's-length price for 14.7% of the project; the Equitix 40% deal in the same month is the benchmark.
- Announced
- 2017-12
- Project stage
- operational
TRIG acquired a 14.7% indirect equity interest in Sheringham Shoal via a new joint venture holding company alongside Equitix (which holds 25.3%). TRIG's contribution approximately GBP 80m. After deal: Equinor 40%, GIG 20%, Equitix 25.3%, TRIG 14.7%. EUR figure at the ECB 2017-12 monthly average (1.1330 EUR per GBP).
Evidence
From Hafrok’s transactions record
Dashed tick marks today (13 Oct 2026). The teal diamond on the spine is origination — the seabed award or round that created the project. Every other ownership event lives in the band below: one station per recorded deal, dated at its label, in deal order rather than to calendar scale. Secondary trades appear only at the interchanges; grey lines are parties whose entry or exit Hafrok’s record does not hold.
Revenue & offtake the regime the project was built under
Offtake regime: ROC 2.0 ROCs/MWh (through 2032)
A built project sells its power under the contract or support regime it was financed with; it is not expected to bid into new government offtake rounds. Where the record does not yet name that regime, the row says so rather than guessing.
Installation how the build is going · from sourced statements and Hafrok’s registers
Installation complete
Installation · on record
StageOperational
In operation since2012-09
Offshore construction2010-03 → 2012-09
Construction ports
PortWells-next-the-Sea ◆operations base
PortPort of Great Yarmouth ◆turbine installation base
Grid connection
from Hafrok’s substation, converter and cable registers
Offshore platforms · 1
Offshore substationSheringham Shoal Offshore Substation Platforms (OSPs)·132/33 kV · in service 2011 · owner Blue Transmission Sheringham Shoal (OFTO); assets built by Scira Offshore Energy Limited (Statoil / Statkraft JV)
Grid connection · ready in time?
when each part of the grid connection is due, against the start date the developer states (black line) · a bar spans the whole year, quarter or month the source gives
installed or in serviceexpected deliveryearlier date that was later moved
Sources & verification
Rests on 14 sources (15 primary) · ◆ 7 documents held
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Regulator3
[3]
[11]
The Renewables Infrastructure Group (TRIG)2017-12-27◆ Investment in Sheringham Shoal Offshore …
“TRIG: 14.7% indirect equity interest ... Equitix Limited (managed funds): 25.3% ... Statoil ASA: 40% ... Green Investment Group (Macquarie): 20% ... 316.8 MW total capacity ... 88 Siemens 3.6MW turbin…”
supportsoperatorownerTurbinesModelUnit capacity+3 more
[17]
Department for Energy Security and Net Zero2026-05-06◆ Renewable Energy Planning Database (REPD…
“REPD Q1 2026 quarterly extract — Ref ID 2512: Site Name "Sheringham Shoal", Development Status "Operational", Installed Capacity 317 MWelec, Operator "Equinor"”
supportsRegister entry
Operator7
[1]
BERR (via wired-gov.net)2008-08-08◆ Fourth largest offshore wind farm in UK …
"Consent has been granted to Scira Offshore Energy Ltd (a joint venture between StatoilHydro and Evelop Projects, an operating company of sustainable energy company Econcern) under section 36 of the E…
supportsConsentConsent granted
[2]
Equinor (Statoil)2012-09-27◆ Norway's Crown Prince opens Sheringham S…
“The opening takes place four years after Scira was granted consent by the UK government, and three years after the initial construction works began. ... Crown Prince Haakon of Norway will officially o…”
supportsOnshore constructionOffshore constructionCommercial operationTurbinesUnit capacity+1 more
[4]
Statkraft2011-08-02◆ First offshore power to the grid
“The first turbine has been successfully installed and commissioned at the Sheringham Shoal Offshore Wind Farm, and on 2nd August started producing electricity to the UK grid.”
supportsFirst power
[6]
Scira Offshore Energy (operated by Equinor)2024
“March 2010: Rock placement commenced. June 2010: First foundation installed. August 2010: Submarine export cable installation began. Late Summer 2012: Wind farm fully operational. Wells-next-the-Sea .…”
supportsOnshore constructionOffshore constructionFoundationoperations base
[7]
Scira Offshore Energy (operated by Equinor)2024
“317MW of capacity ... 88 turbines ... 3.6MW ... turbine blade length 52 metres ... turbine tower height 80 metres ... Two 900 tonne offshore substations ... 21.6 km underground cable connect the power…”
supportsTurbinesUnit capacityTotal capacityStatusConnection point+3 more
[13]
Scira Offshore Energy (operated by Equinor)2024
“between 17 and 23 kilometres (10-15 miles) off the Norfolk coast ... between 17 to 22 metres water depths ... 35 square kilometres ... granted as part of The Crown Estate's Round Two in 2004.”
supportsWater depthDistance from shore
[18]
National Energy System Operator (NESO)2026-07-21◆ NESO Transmission Entry Capacity (TEC) R…
“NESO TEC Register, edition 21 July 2026 - PRO-000211: "Sheringham Shoal Offshore Wind Farm", Status "Built", MW Connected 315, Effective From n/a, Customer "SCIRA OFFSHORE ENERGY LIMITED"”
supportsRegister entry
Financier1
[12]
Trade press3
[9]
[14]
Offshore Energy2011-08
Press report — cited, not quoted; read it at the source link.
supportsturbine installation base
[16]