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

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."