Merkur Ownership Change Completed
The Renewables Infrastructure Group Limited (TRIG) and the Dutch pension investor APG have completed the acquisition of the 396 MW Merkur offshore wind farm.
The consortium comprising of funds managed and/or advised by Partners Group (50%), InfraRed Capital Partners (25%), DEME Concessions (12.5%), GE Energy Financial Services (6.25%), and ADEME, acting on behalf of France “Investments for the Future” programme (6.25%), completed the sale of 100% of Merkur Offshore GmbH to APG and TRIG on 12 May.
Merkur Offshore GmbH is a Hamburg‐based company responsible for the planning and construction of the Merkur wind farm located some 45 kilometres north of Borkum Island in the German North Sea.
The Merkur wind farm comprises 66 General Electric (GE) Haliade‐150 6MW offshore wind turbines which were fully commissioned in June 2019.
The project benefits from a guaranteed Feed-in-Tariff until 2033, and has a ten-year O&M agreement with GE Renewable Energy for the service and maintenance of the turbines.