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Finance

RWE and KKR Seal $16 Billion UK Offshore Wind Mega-Deal

German energy company RWE and global investment firm KKR will invest $16 billion (£12 billion) in offshore wind projects in the UK in what is likely the biggest renewable energy investment in Britain ever. RWE and KKR expect to deliver the Vanguard West and Vanguard East offshore wind projects in th

OilPrice EnergyNovember 11, 20261 min read

RWE and KKR Seal $16 Billion UK Offshore Wind Mega-Deal

German energy company RWE and global investment firm KKR will invest $16 billion (£12 billion) in offshore wind projects in the UK in what is likely the biggest renewable energy investment in Britain ever. RWE and KKR expect to deliver the Vanguard West and Vanguard East offshore wind projects in the UK North Sea with this investment after reaching financial close for both projects. Together, the projects, representing £12 billion investment including the construction of the wind farms and their associated transmission infrastructure,…

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