Caisse buys part of Dong's stake in massive UK windfarm - Reuters
Denmark's Dong Energy has sold half of its 50 percent stake in the world's largest offshore wind farm located in Britain to Canada's the Caisse de depot et placement du Quebec for 644 million pounds (US$1.1 billion), the two sides said on Friday. The deal reduces Dong's stake to 25 percent and leaves Germany's E.ON as the project's largest shareholder with 30 percent. The 630-megawatt London Array offshore windfarm is located 20 kilometres off the coast of Kent and was officially opened in July 2013. The transaction is expected to be completed in the first half of 2014.
3 February 2014•1 min read
