Latest Issue
 
Windtech International September October 2024 issue

 

FOLLOW US AT

follow

 

follow


The Renewables Infrastructure Group (TRIG) has completed the acquisition of a 36% equity interest in Merkur, the 396MW operational offshore wind farm in the German North Sea.
 
TRIG intends to sell down a share of its investment to minority co-investors managed by InfraRed, leaving TRIG with an approximate 25% equity interest in the project. This is expected to complete in July 2020 and once completed, the investment is expected to represent approximately 8% of TRIG's portfolio value. TRIG has also partnered with the Dutch pension investor, APG, who acquired the remaining 64% in the project. Commercial operations commenced in June 2019 and the project benefits from a Feed-in-Tariff for the next 13 years (until June 2033), followed by a floor price for a further six years.
 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.