Total to acquire 51% stake in SSE $3.7 billion UK wind farm project
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PARIS/LONDON (Reuters) - French oil major Total said on Wednesday it will acquire a 51% stake in SSE's Seagreen 1 British offshore wind farm project, adding it represented a global investment of around 3.7 billion dollars.Oil companies like Total have been ramping up investment in renewable projects in a bid to reduce their reliance on fossil fuel products and increase their exposure to low-carbon investments.The Seagreen 1 project is located 27 kilometres from the coastline in Scottish waters..