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

Net Zero Banking Alliance votes to 'cease operations immediately'

'We urge you to think again': Over 100 MPs call on Tories to rethink 'reckless' push to scrap UK Climate Change Act

More on Investment

Net Zero Banking Alliance votes to 'cease operations immediately'
Investment

Net Zero Banking Alliance votes to 'cease operations immediately'

Leading banks vote to ditch the climate group's membership model and transition into operating as a 'framework initiative' that provides guidance on decarbonisation and climate risk

Michael Holder
Michael Holder
clock 03 October 2025 • 4 min read
More than £10m in water company fines pooled to fund clean up projects
Investment

More than £10m in water company fines pooled to fund clean up projects

Over 50 projects to tackle water pollution in rivers, lakes, and seas to access new funding pot

Stuart Stone
Stuart Stone
clock 03 October 2025 • 3 min read
Railpen publishes updated net zero plan
Investment

Railpen publishes updated net zero plan

£34bn pension scheme reveals it has cut portfolio emissions by 41 per cent over the past year

Martin Richmond, Professional Pensions
clock 03 October 2025 • 4 min read