UK investment group Equitix has bought a 40% stake in the UK’s Sheringham Shoal from Statkraft, one of two North Sea offshore wind assets the Norwegian utility is selling as it exits the sector.
Infrastructure investor Equitix will pay £558m ($749m) for Statkraft’s stake in Sheringham Shoal, a 317MW project operating since 2012.
The wind farm is operated by Norwegian oil group Statoil, which also owns 40%, with the Macquarie-owned Green Investment Group holding the remaining 20%.
