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Macquarie considers sale of Race Bank UK offshore wind farm stake

Read Macquarie considers sale of Race Bank UK offshore wind farm stake and other wind energy news & analysis on Windpower Monthly

Weekly renewables M&A round-up (Oct 2-6)

Macquarie Asset Management to sell stakes in 8 UK offshore wind farms

Macquarie Asset Management to sell stakes in 8 UK offshore wind farms
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Orsted plans offshore array cable fix campaign - reNews - Renewable Energy News

Orsted is planning a two-phase campaign to remedy problems with array cable protection at up to 10 of its offshore wind farms as part of a DKr3bn (£350m) O&M campaign that will run into 2023. Sea-floor currents are dragging cable protection systems across rock-scour protection which is installed on the seabed around turbine foundations to prevent erosion. This movement is abrading installed projection and leading to cable failures in some cases, according to the developer. “The issue was recently identified following the recent replacement of a cable at the (Orsted-operated, 573MW) Race Bank wind farm in the UK” company chief financial officer Marianne Wiinholt told reporters during a Q1 results call.

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