Published: 03 October 2019 03 October 2019
Equinor has entered into an agreement to sell a 25% ownership interest in the Arkona offshore wind farm to funds advised by Credit Suisse Energy Infrastructure Partners for a total amount of approximately € 500 million.
Currently Equinor holds a 50% interest in the wind farm located in the German part of the Baltic Sea. Following the transaction, Equinor will retain a 25% interest. RWE Renewables (following their takeover of E.ON Climate and Renewables) will remain the operator with a 50 % interest.