Wednesday 9th August 2017
GIP pays €1.2bn for Riffgrund 2 stake
Global Infrastructure Partners is set to buy 50% of the 450MW Borkum Riffgrund 2 offshore project from Dong Energy for €1.2bn.
Danish utility Dong has developed Borkum Riffgrund 2, which is currently in construction, and has agreed to sell half to US fund manager GIP. Dong plans to keep the remaining 50%. Borkum Riffgrund 2 is located in the German Nor ...
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