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New Deal


Announced

Completed

Green Investment Group to acquire a 40% stake in East Anglia One from Iberdrola for £1.6bn.

Financials

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Transaction Value£1,630m
Consideration TypeCash
Capital Owned-
Capital Bid For40%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Friendly

Minority

Private Equity

Acquisition

offshore wind farm

Private

United Kingdom

Renewable Energy Equipment

Infrastructure

Single Bidder

Synopsis

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Macquarie’s Green Investment Group, a leading sponsor of offshore wind projects, agreed to acquire a 40% stake in East Anglia One offshore wind farm from Iberdrola, a Spanish energy firm. Edward Northam, Head of GIG Europe, said: East Anglia ONE is a world class development delivering a huge range of benefits to communities across the UK, and I’m delighted that GIG is partnering with ScottishPower Renewables and the Iberdrola group on the project."

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