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RWE and Private Equity Firm KKR Team Up to Invest $16 Billion in UK Offshore Wind Projects
7 hour ago /
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Author：小编
German renewable energy company RWE and private equity investment firm KKR have announced a joint effort to develop the Vanguard West and Vanguard East offshore wind projects in the UK North Sea, with a total investment of approximately $16 billion (£12 billion). These two projects rank among the largest offshore wind developments in the UK, with a combined installed capacity of around 2.8 gigawatts, and both have reached financial close. The funding is backed by equity contribution commitments from RWE and KKR, along with financing from a consortium of international lenders.
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