1160478128
1160478128

Energy

Advising Norges Bank Investment Management’s first unlisted renewable infrastructure investment

Macquarie Capital advised Norges Bank Investment Management (NBIM) on its €1.375 billion acquisition of a 50 per cent stake in Ørsted's 752 MW Borssele I and II offshore wind farm.

Swipe for more
Sector Energy
Sub-sector Renewables
Location Netherlands

Opportunity

NBIM is the asset management division of Norges Bank, the Norwegian central bank. As one of the world's largest institutional investors, NBIM seeks to make a difference through sustainable investments.

Ørsted is the largest operational offshore wind farm in the Netherlands and second-largest operational offshore wind farm in the world.


Approach

Macquarie Capital advised NBIM on its €1.375 billion acquisition of a 50 per cent stake in Ørsted's 752 MW Borssele I and II offshore wind farm. Ørsted will remain co-owner and operator of the project.

The transaction represents NBIM’s first investment in unlisted renewable energy infrastructure and strengthens Macquarie Capital’s position as a leading adviser in the renewable energy market.

Outcome

A landmark project for the Netherlands' transition to renewable energy.

Expert sector knowledge

As a leading renewables financial adviser Macquarie’s Capital brought best-in-class information and support throughout the transaction process

High tactical intelligence

Macquarie Capital provided highly tactical advice in a competitive process

Supporting the community

Borssele 1 & 2 generate enough power to cover one million households with green energy annually in the Netherlands and will support high-value jobs throughout the project’s operations

Kickstarting the Netherland’s ambitious offshore wind programme

Helping the country meet its 2030 carbon reduction goals

Related case studies

No results message:
Displayed when filters returns no results.

Service unavailable:
Displayed when filter service cannot be reached.