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GIP to issue €556m green bond to finance offshore wind deal
11 September 2015Private equity firm Global Infrastructure Partners (GIP) is set to issue a €556 million ($623 million) green bond to help fund its acquisition of 50% of an offshore wind project.
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UK investor 3i takes 50% stake in offshore transmission venture
24 August 20153i Infrastructure, a London-listed investment firm, has paid £23 million ($36 million) for a 50% stake in the offshore transmission owner (OFTO) of the UK's West of Duddon Sands wind farm. The remaining equity in the project will be acquired by Macquarie Capital.
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Joan Walley takes the reins at the Aldersgate Group
24 March 2015Joan Walley, who is stepping down in May as a Labour member of parliament after 28 years, has been named chair of the UK's Aldersgate Group.
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Danish pension fund plans further investments in offshore wind
26 August 2014PKA, one of the largest pension fund managers in Denmark, will make further investments in offshore wind farms, said CEO Peter Damgaard Jensen.
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GIB, Marubeni refinance equity stake in UK offshore wind farm
11 August 2014The UK Green Investment Bank (GIB) and Japanese trading firm Marubeni have refinanced part of their 50% stake in the 210MW Westermost Rough wind farm off the east coast of England.
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Dong and Centrica quit 'economically unviable' offshore wind project
31 July 2014Dong Energy Wind Power and Centrica Renewable Energy have pulled out of a 2.2GW wind development in the Irish Sea Zone, deeming it "economically unviable".
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Pension consortium buys 50% of Dong wind project
18 July 2014Dong Energy is to sell a 50% stake in one of its wind farms to a consortium of Danish pension funds.
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UK renewables support plans get mixed reception
24 April 2014New subsidy proposals for major UK renewable energy projects have pleased some developers, but upset others.
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DONG's Benj Sykes to co-chair UK wind forum
22 April 2014Benj Sykes of DONG Energy Wind Power is to co-chair the UK Government's Offshore Wind Industry Council (OWIC).
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GIB invests £461m in UK offshore wind
31 March 2014The UK Green Investment Bank (GIB) will invest £461 million ($766 million) in UK offshore wind, via two projects.