Fluor Corp cooperates with Scottish and Southern Energy to construct wind farm

Business
Fluor Corp cooperates with Scottish and Southern Energy to construct wind farm
Fluor Corp cooperates with Scottish and Southern Energy to construct wind farm

Fluor Corporation, a publicly owned engineering and construction organization, has conducted a $1.8 billion (926 million pound) transaction with Scottish and Southern Energy to construct a wind farm.

The project, called the Greater Gabbard Offshore Wind Farm, is the world's largest (500-megawatt) wind farm off the Suffolk Coast. It will be a 50/50 joint venture.

The construction is due to start in summer 2009. The wind farm is expected to be completed in 2011.

The companies have signed a third part, Siemens AG, to supply 140 wind turbines for the project. The deal is worth of 800 million euro (637 million pound).