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

From 'biodegradable' to 'compostable' and 'bio-based' to 'bioplastic': Does the bioeconomy have a communications problem?

Survey: Vast majority of London black cabbies prefer electric to diesel taxis

More on Investment

Subsea trenching firm Enshore Subsea secures £100m funding boost
Investment

Subsea trenching firm Enshore Subsea secures £100m funding boost

Investment to help accelerate delivery of offshore energy projects, including three German North Sea contracts and cable installations in Scotland and Senegal

Amber Rolt
clock 29 January 2026 • 2 min read
National Wealth Fund to invest over £100bn in industries driving clean energy growth
Investment

National Wealth Fund to invest over £100bn in industries driving clean energy growth

Fresh funding expected to create and support more than 200,000 jobs, while saving 500 million tonnes of CO2 emissions by 2050

Stuart Stone
Stuart Stone
clock 28 January 2026 • 3 min read
Low Carbon raises £500m for European renewables pipeline
Investment

Low Carbon raises £500m for European renewables pipeline

New funding package to help drive clean energy company’s expansion plans in the UK, Germany, and Poland

Amber Rolt
clock 28 January 2026 • 2 min read