Announced

CSEIP to acquire a 25% stake in Arkona from Equinor.

Synopsis

Credit Suisse Energy Infrastructure Partners, the largest equity investors in wind power, agreed to acquire a 25% stake in Arkona, a wind farm, from Equinor, a manufacturer of offshore wind farms, for €500m. Following the transaction, Equinor will retain a 25% interest and RWE Renewables will remain the operator with a 50 % interest. “We are delighted to invest alongside two of the most experienced offshore wind players in the sector, as well as expanding on our existing relationship with RWE Renewables. Arkona is our first investment in the offshore wind market, a sector we have identified as a key investment priority,” Roland Dörig, Credit Suisse Energy Infrastructure Partners Managing Partner.

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