GIG agrees £1.6bn debt-backed wind farm buy

wind turbine
By Mike Turner
20 Aug 2019

Macquarie’s Green Investment Group has secured debt financing to back its acquisition of a 40% stake in East Anglia One, in a deal that values the Iberdrola-owned wind farm at an enterprise value of £4.1bn.

GIG has agreed buy the stake from Iberdrola Group company Scottish Power for £1.63bn when the wind farm becomes operational in 2020.

The East Anglia One wind farm is a 714 MW offshore farm located 43km off the UK’s Suffolk coastline. It is the largest renewables project ever built ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.