- 🏴 Who owns Scotland's offshore wind assets? Our new interactive map with @cmmonwealth.bsky.social lets you explore who really owns ScotWind projects – and who stands to benefit Highlights in 🧵 Explore the map 👉 www.futureeconomy.scot/scotwind
- 🌍 78% of ScotWind capacity is owned by parent companies headquartered outside the UK This means the majority of profits extracted will flow overseas rather than be reinvested in Scotland
- 🇮🇪🇸🇪🇩🇰 Foreign state-owned firms own 12% of total ScotWind capacity – including the governments of Ireland, Sweden and Denmark ScotWind profits will support public spending abroad, but not in Scotland
- 🔥 Large fossil fuel companies own a quarter (25%) of total ScotWind capacity – including oil giants Shell and BP With both firms rowing back on renewables, there is a risk that ScotWind projects are controlled by firms that are misaligned with climate goals
- 💷 The world’s biggest asset manager, BlackRock, is a top ten shareholder in 14 out of 20 ScotWind projects, while its rival Vanguard is a top ten shareholder in 15 projects Five large asset managers own 18% of ScotWind capacity – nearly a fifth of the total portfolioOct 4, 2025 09:01
