DONG Energy sells share in London Array wind farm
DONG Energy has signed an agreement to sell half of its 50% share in the world’s largest offshore wind farm for £644 million.
The 25% interest in the 630MW London Array (pictured) has been bought by financial investor La Caisse de depot et placement du Quebec (La Caisse), which will join the existing venture with DONG Energy, E.ON (30%) and Masdar (20%).
DONG Energy will however remain the service provider for the wind farm which includes 175 turbines – generating enough power to supply 500,000 homes.
Read the full article here http://www.energylivenews.com/2014/02/02/dong-energy-sells-share-in-london-array-wind-farm/
Source: Energy Live News