Aussie financial services giant Macquarie Group Ltd (ASX:MQG) could be looking to sell its 25% interest in the 573-MW Race Bank offshore wind farm off Britain’s Norfolk coast, according to a Reuters report on Friday.
The news agency quoted two sources with knowledge of the matter, one of whom has said Macquarie and its advisors are working on a deal that could value the entire wind park at up to GBP 3 billion (USD 3.65bn/EUR 3.47bn).
Race Bank’s other shareholders are Denmark’s Ørsted A/S, Sumitomo Corporation, and Arjun Infrastructure Partners.
Earlier this year, Macquarie Asset Management agreed to sell stakes in eight other UK offshore wind farms totalling 2.4 GW to investment manager Equitix.
(GBP 1.0 = USD 1.216/EUR 1.157)