TRIG Buys Stake in Hornsea One Offshore Wind Farm

Nina Chestney
Thursday, March 17, 2022

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)

Categories: Energy Renewable Energy Industry News Activity Europe Offshore Wind

Related Stories

Van Oord Takes Delivery of Giant Offshore Installation Vessel Boreas

EDF, Maple Power to Develop 250MW Floating Wind Farm in France

NKT Secures Two High-Voltage Cable Projects for TenneT’s 2GW Program

Current News

NextGeo Scoops $27.8M for North Sea Offshore Wind Surveys

Petronas Greenlights Hidayah Field Development Off Indonesia

Tower Resources Inks Farm-Out Deals with Prime for Cameroon and Namibia Licenses

Shell Brings Whale Platform On Stream in US Gulf of Mexico

Subscribe for OE Digital E‑News