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Home›Business & Finance›Macquarie Buys BARD Offshore 1 Owner
Business & Finance

August 7, 2019 · about 7 years ago

Macquarie Buys BARD Offshore 1 Owner

Macquarie Infrastructure and Real Assets (MIRA) has agreed to acquire Ocean Breeze Energy, the owner of the BARD Offshore 1 wind farm in Germany. MIRA, who will carry out the acquisition via a Macquarie European Infrastructure Fund 5 led consortium, will buy the company from Unicredit. “Offshore win

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Macquarie Infrastructure and Real Assets (MIRA) has agreed to acquire Ocean Breeze Energy, the owner of the BARD Offshore 1 wind farm in Germany.

MIRA, who will carry out the acquisition via a Macquarie European Infrastructure Fund 5 led consortium, will buy the company from Unicredit.

“Offshore wind is playing a significant role in Germany’s ambitious Energiewende,” said Leigh Harrison , Head of MIRA EMEA.

“We look forward to supporting the country’s transition to increasingly clean energy resources through our investment in BARD Offshore 1 – leveraging our extensive green energy experience to ensure it remains a source of sustainable and clean electricity for German households and industry.”

BARD Offshore 1 is Germany’s first commercial offshore wind farm, which went fully operational in 2013. The 400MW project comprises 80 5MW turbines located 100km off the country’s northwestern coast.

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