trending Market Intelligence /marketintelligence/en/news-insights/trending/luopflo9no2w3646zbh14q2 content esgSubNav
In This List

Ørsted co-owned 573-MW offshore wind farm in UK to be launched

Blog

Insight Weekly Labor market recovery hurdles power market integration nonbank MA hunt

Blog

Q&A: Q2'21 Power Forecast: Overheated Power Markets are Here – Who Wins, Who Loses, and Why?

Blog

ESG & Technology: Impacts and Implications

Blog

Essential Energy Insights - October 2021


Ørsted co-owned 573-MW offshore wind farm in UK to be launched

The 573-MW Race Bank offshore wind farm in the U.K. will be officially launched June 13, according to a news release.

The offshore wind farm is 50% owned by Ørsted A/S, 25% owned by Macquarie European Infrastructure Fund 5 LP, 12.5% by Sumitomo Corp. and funds advised by the Green Investment Group Ltd, and 12.5% by Arjun Infrastructure Partners Ltd. and Gravis Capital Management Ltd.

Located off the North Norfolk coast and operated from Ørsted's East Coast Hub in Grimsby, the facility consists of 91 Siemens Gamesa wind turbines.