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Macquarie Capital has announced that it has entered into an agreement to acquire a 49.89% interest in Baltic 2, an offshore wind farm in Germany for around €720 million. 

Macquarie Capital has partnered with Energie Baden-Württemberg AG (EnBW) to take a stake in the project with EnBW retaining the remaining interest. The 288MW wind farm in the Baltic Sea is currently under construction with project completion and financial close expected in June 2015.

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