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

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