NBIM completed the acquisition of a 37.5% stake in Race Bank Offshore Wind Farm from Macquarie and Spring Infrastructure Capital for £330m.

Norges Bank Investment Management, a private equity firm, completed the acquisition of a 37.5% stake in Race Bank Offshore Wind Farm, an offshore wind farm, from private equity firms Macquarie and Spring Infrastructure Capital, for £330m. “Supporting Race Bank from construction into its successful operations has been a great journey. With Race Bank now producing electricity for more than half a million UK homes, it has become a significant contributor to the ongoing decarbonisation of the UK’s electricity system," Jonathan Duffy, Macquarie Managing Director.