Masdar acquires 50% stake in UK's Hywind Scotland floating wind farm

Acquisition Offshore Wind announced United Kingdom Jan 1, 2022

USD100M

Deal Value

30 MW

Capacity

Masdar acquires a 50% stake in the Hywind Scotland floating wind farm.

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Counterparts (2)

Seller

Equinor is an international energy company with a focus on oil, gas, wind and solar power. They are actively investing in renewable energy projects and aim to be a leader in the energy transition.

Buyer

company · 7 deals

Masdar is a clean energy pioneer positioning the UAE at the forefront of the worldwide energy transition. They deploy renewable energy projects and realize low-carbon urban development, supporting over 40 countries in their energy transition.

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Timeline

Announced

Jan 1, 2022

Signed

Closed

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Source

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