Announced
Completed
Financials
Tags
Infrastructure
Acquisition
Minority
offshore wind farm
Friendly
Disposal
United Kingdom
Completed
Private Equity
Private
Renewable Energy Equipment
Single Bidder
Domestic
Synopsis
Investors Equitix and TRIG completed the acquisition of a 35% stake in Beatrice wind farm, which is located off the north east coast of Scotland, from Copenhagen Infrastructure Partners, an investment firm specializing in infrastructure investments, particularly wind power. Financial terms were not disclosed. "We are delighted to be able to add this stake in the Beatrice offshore wind farm to our substantial portfolio of renewable energy assets. Since our foundation in 2007, sustainable investing has been a core element of our investment strategy as we look to create value and generate attractive, sustainable, financial returns for our investors over the long term. Equitix is committed to offshore wind as a sustainable energy resource and this investment complements our diversified portfolio of renewable generation investments that include hydropower, onshore wind, biomass and solar energy," Achal Bhuwania, Equitix Deputy Chief Investment Officer.
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