The Renewables Infrastructure Group (TRIG), a London-listed investment company advised by InfraRed Capital Partners as investment manager and Renewable Energy Systems (RES) as operations manager, has plans to increase its stake in the Hornsea One offshore wind farm, located off the coast of northeast England.
With a generation capacity of 1.2 gigawatts and covering an area of 407 square kilometers (157 square miles), Hornsea One is the largest operational offshore wind farm in the world. The project, which commenced operations in 2020, generates enough clean electricity to power more than 1 million homes.
TRIG plans to acquire an additional 2.4 percent equity interest in the project from Global Infrastructure Partners, bringing TRIG’s total interest in Hornsea One to 10.2 percent. With the acquisition, Hornsea One will represent 9 percent of TRIG's portfolio, by value.
“The acquisition of additional investment in Hornsea One, which is now the world's largest
