Announced
Completed
INPEX completed the acquisition of a 16.7% stake in Moray East offshore wind farm from Mitsubishi.
Financials
Sources
Tags
Friendly
Private
Cross Border
wind farm
United Kingdom
Completed
Minority
Alternative Fuels
Acquisition
Single Bidder
Synopsis
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.
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