SSE Renewables to acquire an 80% stake in the offshore wind development platform from Pacifico Energy.

SSE Renewables, a renewable energy firm, agreed to acquire an 80% stake in the offshore wind development platform from Pacifico Energy, a renewable energy company for wind and solar energy. Financial terms were not disclosed. "Today is an exciting next step for SSE Renewables as we enter Japan which has huge ambitions for offshore wind deployment. And in Pacifico Energy we have found a fantastic local partner with hugely complementary local capabilities, experience and insights that can help bring our expertise in developing, building and operating offshore wind to this market," Jim Smith, SSE Managing Director.