Dong 'to sell 25% of London Array to Caisse'

The Caisse is contemplating sinking £500m ($788.6m) into the 630MW London Array, thereby reducing Dong’s stake to 25%, according to the Financial Times. E.ON and Masdar own the remaining 50% of the project.

A Dong spokesman declined to comment, repeating only that Dong’s offshore wind strategy includes the possibility of selling up to 50% stakes in projects – as it has done with Anholt, Gunfleet Sands, Walney and Borkum Riffgrund 1.

However,