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Friday
18 Mar 2022

Renewables Infrastructure Group Buys Stake in UK's Hornsea One Wind Farm

18 Mar 2022  by economictimes.indiatimes.com   
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 capacity of around 1.2 gigawatts (GW), it generates enough electricity to power 1 million homes.

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