TRIG Buys Stake in Hornsea One Offshore Wind Farm

Nina Chestney
Thursday, March 17, 2022

The Renewables Infrastructure Group (TRIG) has acquired a 7.8% stake in the huge Hornsea One wind farm located off England's Yorkshire coast, it said on Thursday.

TRIG bought the stake from Global Infrastructure Partners for an undisclosed sum.

On completion of the transaction, expected at the end of the first half of this year, Hornsea One will represent about 8% of TRIG's portfolio by value, the company said.

Hornsea One is the largest operational offshore wind farm in the world and has been running since 2020. With a capacity of around 1.2 gigawatts (GW), it generates enough electricity to power 1 million homes.


(Reuters - Reporting by Nina Chestney/Editing by David Goodman)

Categories: Energy Renewable Energy Industry News Offshore Wind Activity Europe

Related Stories

Germany Welcomes Back Offshore Wind Companies Despite Increasing Costs

BGB Group Lands Offshore Substation Work at Baltica 2

Inyanga's 30MW Tidal Project to Feature AI-Powered Marine Life Detection

Current News

Fraunhofer IFAM Establishes Validation Chain for Autonomous Systems in Offshore Wind

Germany Welcomes Back Offshore Wind Companies Despite Increasing Costs

Trench Group to Be Acquired by GE Vernova

Shell Starts Production at Silvertip Phase 3 in Gulf of America

Subscribe for OE Digital E‑News