Announced
Synopsis
Norges Bank Investment Management, a private equity firm, agreed to acquire 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.
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