Macquarie weighs sale of stake in UK offshore wind farm Race Bank -sources

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LONDON, Oct 6 - Macquarie is considering selling its 25% stake in Race Bank, a 573 megawatt offshore wind farm located off Britain's Norfolk coast, according to two sources with knowledge of the matter.

The infrastructure group is working with advisors on the sale, which could value the wind farm at up to 3 billion pounds , one of the people said. Race Bank started production in 2018 and provides enough power for the equivalent consumption of more than 510,000 homes, according to the website of Orsted , another of the shareholders.

Reporting by Andres Gonzalez, aditional reporting by Nina Chestney, editing by Anousha Sakoui and Louise Heavens

 

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