London-listed investment company The Renewables Infrastructure Group (TRIG) has acquired a minority interest in the 316.8MW Sheringham Shoal offshore wind farm in the North Sea.
Under the £80m ($107m) deal, TRIG bought a 14.7% indirect equity interest in the project, located off the coast of Norfolk.
The acquisition represents TRIG's first allocation to the offshore wind sector and is consistent with the group’s strategy of investing in long-term income-producing projects.
