Macquarie considers sale of Race Bank UK offshore wind farm stake

Australian financial services group Macquarie is considering selling its 25% stake in the 573MW Race Bank wind farm off the east coast of England, “uåX˜äŠÊ˜·³Ç understands.

The sale could value the wind farm at up to €3 billion (€3.4 billion), according to news wire Reuters, citing people familiar with the matter.

Sources close to the process told “uåX˜äŠÊ˜·³Ç that the Reuters report is correct.

Macquarie declined to comment.

Race Bank was commissioned in 2018 and consists of 91 of Siemens Gamesa’s SWT-6.0-154 turbines.

Other owners include Ørsted (50%), Sumitomo Corporation (12.5%), Arjun Infrastructure Partners (6.25%) and Gravis Capital Management (6.25%).