The company also plans to enhance its business in the UK with the launch of a new Energy Services Division, expected to open in November.

Through the Wind Equity Scheme, Statkraft will offer equity of up to 40% to developers seeking to set up between 7 and 20MW of wind plants without mortgaging land or selling the project’s stake.

Statkraft will therefore retain a minority partnership in the projects alongside providing PPA and professional project management support.

Statkraft CEO Christian Rynning-Tønnesen said that the latest additions will significantly add to the UK business.

"We are aiming for continued growth and our new Energy Services is the natural progression in developing our UK business," Rynning-Tønnesen added.

"Our Wind Equity Scheme will also play an important role. We believe there is a real funding gap to be filled in relation to developers whose projects need an innovative financial solution and this new co-investment model seeks to address this. It’s a new way of accelerating UK wind energy growth which will benefit smaller developers."