Greencoat Renewables, an investment company for renewable energy projects from Ireland, is about to take Marguerite Pantheon’s 22.5% stake in the 288MW Butendiek offshore wind farm in Germany.
The value of the transaction has not been made public.
The Butendiek plant is operational since 2015 in the North Sea, off the island of Sylt. Thanks to a total of 80 wind turbines, the facility is able to power almost 370,000 homes.
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