GE will equip and co-own a 650MW onshore wind farm that will sell its power to Norsk Hydro under what is claimed to be the world’s largest corporate power purchase agreement (PPA) in the wind sector to date.

GE Energy Financial Services will be a 50/50 partner in the Markbygden ETT wind farm with Green Investment Group (GIG), the Macquarie low-carbon unit that started life as the UK government’s Green Investment Bank.