No delay for London Array

The world's largest offshore wind project is on target for completion, according to an E.ON spokesperson, despite reports of delays due to financial problems and concerns over government renewable incentives.

Danish utility Dong Energy has a 50% stake in the project, while German utility E.ON and Abu Dhabi renewable energy firm Masdar own the remaining half, with a 30% and 20% share respectively. Shell was originally involved in the project but pulled out last year due to rising industry costs.

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