Wednesday 28th November 2018
GIP completes £4.5bn deal for Hornsea 1 stake Global Infrastructure Partners has finalised its buyout of half of Ørsted's 1.2GW project Hornsea 1 in UK waters for £4.5bn.
The deal was announced in September and completed this week. GIP has partly funded the purchase with a £3.5bn financial package, which includes a £400m investment from insurance firm Aviva Investors. It is Aviva's largest infr ...
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