Where the wind blows
Bahrain-based investment firm Arcapita Bank has sold its one-third stake in wind farm portfolio Zephyr Investments for £145m.
The stake was divided equally between Infracapital Partners and a subsidiary of an unnamed investment company advised by JPMorgan Asset Management.
Zephyr has a portfolio of 17 wind farms in the UK with a combined capacity of 391MW. This represents 20 per cent of the installed wind power capacity in the UK.
Arcapita, which reported an income of $285.7m for the 18 months ending June 30, had held its stake in Zephyr since 2004.
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
Experts speculate over cause of Iberian power outages
The EU and UK will be moving towards using Grid Forming inverters with Energy Storage that has an inherent ability to act as a source of Infinite...