DONG agrees sales of 50 per cent stake in Race Bank wind farm to Macquarie

Michael Holder
clock • 2 min read

573MW project off the east coast of England is expected to be fully commissioned in 2018

DONG Energy has agreed to sell 50 per cent of its 573MW Race Bank offshore wind farm project to two arms of Australian investment bank Macquarie Group, in a deal worth around £1.6bn. Under the agreement,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

'A clear example of a market failure': Why businesses are urging the UK and EU to stand firm on supply chain deforestation rules

Global Briefing: Green industry groups slam US bill, as Trump guts support for clean tech

More on Investment

The Pensions Regulator to develop industry template for net zero transition plans
Risk

The Pensions Regulator to develop industry template for net zero transition plans

Final version of the template expected to be presented to the Department for Work and Pensions later this year

Martin Richmond
Martin Richmond
clock 08 July 2025 • 2 min read
Yottar raises $1m in major boost for grid intelligence vision
Investment

Yottar raises $1m in major boost for grid intelligence vision

Company aims to provide data and analysis that can help ensure clean energy infrastructure developers are no longer 'building blind' and can secure timely grid connections

Amber Rolt
clock 08 July 2025 • 1 min read
All-electric delivery start-up Hived raises $42m to accelerate UK rollout
Investment

All-electric delivery start-up Hived raises $42m to accelerate UK rollout

Delivery service used by Zara, John Lewis, and Uniqlo plans to use funds to expand electric vehicle deliveries across the UK

Amber Rolt
clock 08 July 2025 • 1 min read