Abu Dhabi-based Mubadala Investment Company is widening its offshore wind development pipeline by acquiring a stake in Skyborn Renewables and half of the 1.6GW Bluepoint Wind project in the New York Bight.

Skyborn is the former offshore wind unit of German developer Wpd, which Global Infrastructure Partners (GIP) bought earlier this year, gaining access to a 30GW (gross) pipeline of wind at sea projects in various stages of development, as well as stakes in five plants in Germany, France and Taiwan that are already operating or under construction.