Scottish offshore wind farm stake changes hands in $208m deal

AI Summary

The Renewables Infrastructure Group Limited reached a $208 million deal to sell its 17.5% stake in the 588MW Beatrice offshore wind farm off Scotland. This transaction reflects ongoing investments in offshore renewable energy assets.

The Renewables Infrastructure Group Limited (TRIG) will dispose of its entire stake in the 588MW Beatrice offshore wind farm for around £155m ($208.2m) after receiving a binding offer from a co-shareholder. TRIG agreed to dispose of the 17.5% stake in the Beatrice offshore wind farm located off the north-east coast of Scotland to funds managed …