The GIB will sink £57.5m ($87.3m) into a 24.95% stake in the Round 1 Rhyl Flats, operational since 2009 off the north coast of Wales.
Greencoat UK Wind, an investment fund which announced today it has raised £260m in an oversubscribed flotation on the London Stock Exchange, will buy another 24.95% in Rhyl Flats, leaving RWE Innogy with a controlling 50.1%
