- Published: 13 June 2018 13 June 2018
Race Bank, a new offshore wind farm capable of powering over half a million UK homes, has been officially opened at a ceremony in Grimsby. Race Bank is owned by Ørsted (50%), Macquarie European Infrastructure Fund 5 (25%), Sumitomo Corporation (12.5%) and funds advised by the Green Investment Group, Arjun Infrastructure Partners and Gravis Capital Management (12.5%).
Race Bank is capable of generating 573MW of green electricity from its 91 Siemens Gamesa 6 MW wind turbines. The wind farm is located off the North Norfolk coast and is operated from Ørsted’s East Coast Hub in Grimsby, UK. The project features a new way of carrying out offshore maintenance, using a Service Operation Vessel (SOV) that remains offshore with technicians working shifts of 14 days on and 14 days off.