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

Petrovietnam Invites Bids for Block 17 in South China Sea

Petrovietnam Invites Bids for

ExxonMobil Seeks Approval for Project Offshore Guyana

ExxonMobil Seeks Approval for

Bangladesh Offers Sweetened Terms in Offshore Tender

Bangladesh Offers Sweetened Te

IKM Aconan to Deliver Drilling, Well Services for Vår Energi

IKM Aconan to Deliver Drilling

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine