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This represents 4x what it invested originally more than a decade ago
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The sale is expected to deliver the energy giant’s target for agreed divestments a year earlier than originally scheduled
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Joint Venture Race Bank Wind Farm Limited, which is half-owned by Ørsted, is to sell the infrastructure to Diamond Transmission Partners.
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The firm has now sold its ownership of 56 operational wind farms spread across Spain, France, Portugal and Belgium
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The cost management consultant says it needs investment of around £10 million
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The sale represents around 4,444 miles of new transmission infrastructure
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Apollo Global Management has bought a range of assets in an undisclosed deal
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It follows approval from the European Commission and the Russian Antimonopoly Authority
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Cadent, formerly National Grid Gas Distribution, owns the gas distribution networks in north London, central England, the east of England and northwest England
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The sector saw £10.4 billion of sales from direct exports and international subsidiaries
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