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    Home > Chemicals Industry > International Chemical > UK wind projects attract a large number of investment funds

    UK wind projects attract a large number of investment funds

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Recently, according to people familiar with the matter, the British offshore wind project Triton Knoll has attracted the interest of several large investment funds, indicating the increasing competition in a rapidly changing industry
    .

    German energy group Innogy, based on England's east seaboard, plans to invest £2bn ($2.
    8 billion) in farm owners and developers who are looking for partners to make that happen
    .

    The project has already attracted interest from a number of infrastructure and pension funds, including Macquarie in Australia, Partners Partners in Switzerland and PFA Pensions
    in Denmark.

    Innogy, Macquarie, Partners Group and PFA all declined to comment
    on the Triton Knoll project.
    Offshore projects of this size usually have more than one investor
    with the developer.

    The demand for 860 megawatts (MW) Triton Knoll indicates broader interest
    in the fund.
    The rate of return on quotations is usually 6-9% higher than the interest rate, and the fact that competition is intensifying is that the number of profitable new projects is decreasing, because reduced projects can receive government subsidies
    .

    New data from industry group WindEurope said there was a decline
    in offshore farm project construction due to growing interest from institutional investors.

    Infrastructure funds, pension funds and asset managers accounted for 35% of overseas M&A activity in Europe in 2017, up from 27%
    last year, according to the data.
    Meanwhile, spending on new offshore capacity in Europe fell 60 percent last year to 7.
    5 billion euros ($9.
    3 billion), the first annual decline
    since 2012.

    (This article first published cable network: /, please indicate the source for reprinting)

    Recently, according to people familiar with the matter, the British offshore wind project Triton Knoll has attracted the interest of several large investment funds, indicating the increasing competition in a rapidly changing industry
    .

    Wind power projects

    German energy group Innogy, based on England's east seaboard, plans to invest £2bn ($2.
    8 billion) in farm owners and developers who are looking for partners to make that happen
    .

    The project has already attracted interest from a number of infrastructure and pension funds, including Macquarie in Australia, Partners Partners in Switzerland and PFA Pensions
    in Denmark.

    Innogy, Macquarie, Partners Group and PFA all declined to comment
    on the Triton Knoll project.
    Offshore projects of this size usually have more than one investor
    with the developer.

    The demand for 860 megawatts (MW) Triton Knoll indicates broader interest
    in the fund.
    The rate of return on quotations is usually 6-9% higher than the interest rate, and the fact that competition is intensifying is that the number of profitable new projects is decreasing, because reduced projects can receive government subsidies
    .

    New data from industry group WindEurope said there was a decline
    in offshore farm project construction due to growing interest from institutional investors.

    Infrastructure funds, pension funds and asset managers accounted for 35% of overseas M&A activity in Europe in 2017, up from 27%
    last year, according to the data.
    Meanwhile, spending on new offshore capacity in Europe fell 60 percent last year to 7.
    5 billion euros ($9.
    3 billion), the first annual decline
    since 2012.

    (This article first published cable network: /, please indicate the source for reprinting)

    /
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