A consortium called Blyth Offshore Wind Ltd is taking forward the UK's first offshore wind project. Two Vestas 2 MW turbines are to be built off the Northumberland coast. The consortium comprises Border Wind, PowerGen Renewables (a joint venture between Abbot Group and PowerGen), Nuon UK (British subsidiary of Dutch utility Nuon NV) and Shell Renewables. The wind turbines will be the largest offshore in the world and the first in such demanding North Sea conditions. They will be built one kilometre off the coast of Blyth, near Border Wind's Blyth Harbour wind farm. The turbines will stand in a water depth ranging from five metres at low tide to up to 11 metres at high tide. The £4 million project is partly funded by the EU Thermie program. With the formation of Blyth Offshore Wind Ltd, the final contracts can now be awarded, allowing building to begin in June. First electricity is expected to flow in August.