--Total SA is among the final bidders for a stake in an offshore wind farm in the North Sea that is expected to cost $7.4 billion over its lifetime, Bloomberg reports, citing people familiar with the matter.

--British utility company SSE PLC is currently developing the wind farm and is seeking partners to help cover the costs and take on the risks, according to the news outlet.

--The move is significant as it underlines major oil companies' rising interests in renewables assets, Bloomberg reports.

 

Full story: https://bloom.bg/3cgEly4

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

February 28, 2020 08:46 ET (13:46 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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