Ocean Winds sells minority stake in Moray East Offshore Wind Farm to Equitix

Wind Industry Profile of

Ocean Winds has agreed to sell a minority stake of the 950 MW Moray East Offshore Wind Farm to funds managed by Equitix Investment Management Ltd (“Equitix”) to further invest in offshore wind development / Located in the Moray Firth region and in operation since 2022, the Moray East offshore wind farm generates clean energy for more than 1.43 million Scottish households and is operated from its base in Fraserburgh, managed by Ocean Winds

Ocean Winds, an international company dedicated to offshore wind energy, created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE, announces the sale of a 16.6% of its majority stake in its operating Moray East Offshore Wind Farm, to Equitix.  Equitix is an international investor, developer, and fund manager of core... ... More: Official Press Release Ocean Winds

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Ocean Winds, Equitix, Moray East, offshore, wind farm, development, sale, majority stake, renewable energy, UK, investment