PFA and PKA each acquire a 25% stake in the Walney Extension project, set to be the world’s largest offshore wind farm, from Orsted. The deal represents PFA’s largest single infrastructure investment and its first in offshore wind, as the pension looks to deploy some €7bn in private assets.
Switzerland-based asset manager Capital Dynamics has bought two wind farms in the UK with a combined capacity of 21.1MW. The projects were acquired from Airvolution Energy, the developer with which CapDyn agreed a funding deal in 2014 for over 140MW of onshore wind sites. The latest acquisitions include the 8.6MW Airfield project and the 12.5MW […]
As a larger number of European renewable energy projects become more exposed to power prices – and the forecasts behind them – we investigate what drives these projections and the risks investors face.