Macquarie invests GBP 1.6 billion in UK offshore wind
In a farm-down sale, offshore wind farm East Anglia is valued at two thirds above the planned investment sum. (Updated)
BY MAZ PLECHINGER
One of the world's largest offshore wind farms has a new co-owner. Spanish utility Iberdrola has entered an agreement with Australian investment bank Macquarie on a partial divestment of wind farm East Anglia of 714 MW. Macquarie will pay GBP 1.63 billion for 40 percent of the project next year, when the wind farm is slated for operation, Iberdrola states after Financial Times reported on the transaction earlier.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Macquarie hires Ørsted's former wind chief
For subscribers
Ørsted puts Macquarie on ice
For subscribers
