KKR Acquires 50% Equity Stake In Each Vanguard Offshore Wind Farm, Forming 50:50 Joint Venture With RWE For 2.8 Gigawatts Capacity
Benzinga Newsdesk 16 hours ago
News
Vanguard West and Vanguard East offshore wind farms to be fully commissioned in 2030 and capable of powering around three million UK homesOnshore infrastructure works already well advanced, with offshore construction
- Vanguard West and Vanguard East offshore wind farms to be fully commissioned in 2030 and capable of powering around three million UK homes
- Onshore infrastructure works already well advanced, with offshore construction set to start in early 2027
- Equity close completed: KKR has acquired a 50% equity stake in each of Vanguard West and Vanguard East, formally establishing the 50:50 joint venture with RWE
- Largest ever non-recourse project financing for UK offshore wind secured