Australia: Macquarie Group acquires stake in Race Bank from DONG Energy in $1.97b deal

Australia: Macquarie Group acquires stake in Race Bank from DONG Energy in $1.97b deal

Photo: Pixabay

DONG Energy has entered into an agreement to sell 50 per cent of Race Bank, a 573 megawatt (MW) UK offshore wind farm project, to Macquarie Group in a deal valued at approx. GBP 1.6 billion ($1.97 billion).

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