PKA/PFA acquisition of a 50% stake in Walney Extension 659MW offshore wind farm

3/11/2017
Private acquisition

£ 2 billion

$ 2.620 billion

Announced

3/11/2017


Overview:

  • A consortium of PKA and PFA has acquired a 50% stake in the Walney Extension 659MW offshore wind farm from Ørsted, formerly known as DONG Energy.
  • The acquirer consortium is made of two Danish pension funds. 
  • The funding for the acquisition will come from an issue of non-recourse, investment grade certified green bonds.
  • The wind farm is located off Cumbria's coast at Walney Island.

Katrin Kostadinova - Data analyst 

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