.
MergerLinks Header Logo

New Deal


Announced

Octopus Energy and GLIL Infrastructure to acquire a 12.5% stake in Hornsea One from Global Infrastructure Partners for £400m.

Synopsis

Octopus Energy, a retail electricity and gas supplier, and GLIL Infrastructure, an open-ended fund, agreed to acquire a 12.5% stake in Hornsea One, an offshore wind farm, from Global Infrastructure Partners, an infrastructure investment fund, for £400m. “The UK is already a world leader in offshore wind but there is still so much more we can do. Harnessing the UK’s strong wind resources out at sea will help provide energy security and bring down energy bills. We’ve already made a splash in offshore wind after only entering this renewable technology earlier this year, and we have lots more coming up," Zoisa North-Bond, Octopus Energy CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US