Merkur Offshore Wind Farm Sold to APG

APG has announced the acquisition of a 64% stake in Merkur Offshore, a large wind farm in the German North Sea. The acquisition is made on behalf of its pension fund client ABP.

The recently completed wind farm, with a capacity of 396 MW, is fully operational and provides enough renewable energy for the equivalent of 500,000 Dutch households. The project will save c.18 million tonnes of CO2 equivalent over its project life. The remaining 36% of the wind farm will be acquired in partnership with funds managed by InfraRed Capital Partners Limited, a leading international investment manager focused on infrastructure and real estate. Financial details of the investment are not disclosed. The Merkur Offshore wind farm consists of 66 General Electric... ... More: Official Press Release APG

Keywords:

APG, Merkur, offshore, wind farm, sale, acquisition, asset, MW, turbine