JERA Co invests in 173 MW wind project off the coast of UK
JERA Co., Inc. has agreed to acquire a 24.95% equity interest from Marubeni Corporation in the Gunfleet Sands Offshore Wind Farm project off the coast of the United Kingdom.
The Gunfleet Sands project has 172.8MW of installed capacity, and is located off the coast of Essex County, the southeastern part of the U.K. It consists of 48 fixed-bottom offshore wind power generators and began operations in April 2010.
Ørsted A/S is a partner in the Gunfleet Sands project. JERA will work together with Ørsted, as well as the Development Bank of Japan which already participates in the project.
Country updates
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December 18, 2018
GIG and Covanta take stakes in Scottish EfW
Brockwell Energy have announced that financial close has been reached on their Earls Gate Energy Centre (EGEC), an energy from Waste (EfW) facility in Grangemouth, Scotland. On financial close Br...
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December 18, 2018
Race Bank refinances Orsted's 573 MW wind project off Norfolk
A consortium of companies that holds a 50% stake in Orsted's 573 MW Race Bank wind farm off Norfolk has signed a debt refinancing deal worth £200m (US$253 m). Macquarie, Sumitomo and funds...
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December 14, 2018
400 MW offshore wind farm in the UK refinanced for US$1.6 billion
The shareholders of the 402 MW Dudgeon offshore wind farm in the United Kingdom have announced the signing and pricing of privately placed notes for the refinancing of the project’s existin...
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December 10, 2018
WFW advises EFK on 1.2 GW UK offshore wind project acquisition financing
Watson Farley & Williams has advised Danish export credit agency EKF Danmarks Eksportkredit on its provision of guarantees to commercial and institutional lenders on a £3.5bn (US$4...
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December 06, 2018
EDP, EDPR and Engie reach financial close of 950 MW wind project off the coast of Scotland
The 950 MW Moray East project off the coast of Scotland has reached financial close. A consortium of EDP Renováveis (43.3%), Engie (23.3%) and Mitsubishi Corporation (33.4%) announced a £...
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