INPEX completed the acquisition of a 16.7% stake in Moray East offshore wind farm from Mitsubishi.

INPEX, an oil company, completed the acquisition of a 16.7% stake in Moray East offshore wind farm from Mitsubishi, an automobile manufacturer. Financial terms were not disclosed. The Moray East offshore wind farm has been in commercial operation since April 2022 with an output scale of 950 megawatts produced by one hundred 9.5-megawatt units.