Marubeni Completes Acquisition of Stake in Gunfleet Sands Offshore Wind Farm (UK)

Business & Finance

On September 1st 2011 Marubeni Corporation and DONG Energy entered into an agreement whereby Marubeni acquires a 49.9% stake in the 172MW Gunfleet Sands offshore wind farm.

Completion of the transaction was conditional on, inter alia, certain matters relating to financing. The transaction has today been completed.

The information provided in this announcement does not change DONG Energy’s previous financial guidance for the 2011 financial year or the announced expected investment level.

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Source: dongenergy, November 01, 2011