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Macquarie mulls sale of 25% Race Bank stake

Richard Heap
October 6, 2023

Macquarie is reportedly considering selling its 25% stake in the 573MW Race Bank offshore wind farm in a deal that could value the project at up to £3bn.

The Race Bank project was commissioned in 2018 and is currently owned by Ørsted (50%), Macquarie European Infrastructure Fund 5 (25%), Sumitomo (12.5%), Arjun Infrastructure Partners (6.25%) and Gravis Capital Management (6.25%).

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