The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group, have signed a hybrid refinancing of GBP 1.4 billion.
The refinancing includes commercial bank debt and senior secured notes privately placed with institutional investors. Both tranches have been oversubscribed, underpinning strong investor interest. The 402MW Dudgeon Offshore Wind Farm is located 32 kilometres off the Norfolk coast in England.