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Home›Business & Finance›Evolve Energy Buys Race Bank Offshore Wind Farm Power from Shell
Business & Finance

April 14, 2026 · about 4 months ago

Evolve Energy Buys Race Bank Offshore Wind Farm Power from Shell

Evolve Energy, a UK-based energy supplier offering solutions for direct access to renewable energy for industrial and commercial businesses, has entered into a nine-year power purchase agreement (PPA) with Shell for electricity generated by the Race Bank offshore wind farm, with which Shell has an o

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Evolve Energy Buys Race Bank Offshore Wind Farm Power from Shell
Race Bank offshore wind farm; Photo: Ørsted

As of mid-2024, the Race Bank offshore wind farm is owned by a consortium led by Ørsted (50 per cent), Norges Bank Investment Management (37.5 per cent), and Arjun Infrastructure Partners (12.5 per cent).

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Norway’s Sovereign Wealth Fund Acquires Stake in 573 MW Race Bank Offshore Wind Farm

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