TRIG Buys Stake in Hornsea One Offshore Wind Farm

Published

Image: Hornsea One Wind Farm, UK © Ørsted
Image: Hornsea One Wind Farm, UK © Ørsted

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)

Current News

Saipem, Subsea 7 Undergo EU Antitrust Investigation

Saipem, Subsea 7 Undergo EU An

Baltic Power Offshore Wind Farm Delivers First Electricity to Polish Grid

Baltic Power Offshore Wind Far

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Eni Enlists OneSubsea for Deep

Petrobras Concludes Acquisition of São Tomé and Príncipe Offshore Block

Petrobras Concludes Acquisitio

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine