The UK Green Investment Bank (GIB) made its first direct equity investment in offshore wind via the acquisition of a 24.95% stake in Rhyl Flats Wind Farm Limited, located off the north Wales coast, from companies owned by RWE AG (RWE) for $87 million in cash. GIB acquires its stake alongside Greencoat UK Wind PLC which also acquires a 24.95% interest from RWE.
UK Green Investment Bank Takes First $87 Mil Equity Stake in Offshore Wind
In this Issue
- News Brief: Gotham Greens Grows in Colorado as Beyond Meat, Starbucks Partner in China
- Managers Tighten Up Their Due Diligence to Find the Best Green Bonds
- Social Bonds Come of Age with Covid-19 Bond Surge
- Investors, Managers, Tech Startups Turn their Attention to Affordable Housing
Prime Closes First ‘Climate Tech’ Fund Well Above Target
Special Features
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Special Report: Cleantech VC Fundraising
CleanTechIQ examines LP demand for cleantech and reveals how VC firms are successfully raising new funds.
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Special Report: Innovations in Clean Tech Finance
Project finance innovations being developed now for the clean tech sector will likely have a big impact in coming years.
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Special Report: ESG Opportunities Across Asset Classes
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