InfraRed Capital-backed TRIG to acquire an 11% stake in Merkur offshore wind farm.

InfraRed Capital-backed The Renewables Infrastructure Group, a closed-ended investment company, agreed to acquire an 11% stake in Merkur offshore wind farm. Financial terms were not disclosed. "We are pleased to be further increasing TRIG's stake in Merkur, a project we know well. Merkur is one of six offshore wind farms in the TRIG portfolio, and an asset which reinforces our position of investing in attractive renewable energy projects that contribute to energy security and decarbonisation efforts across Europe," Richard Morse, TRIG Chairman.