Green Investment Bank provides first offshore wind backing

BusinessGreen staff
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Institution takes 24.95 per cent stake in RWE's Rhyl Flats wind farm for £57.5m outlay

The Green Investment Bank (GIB) has spent £57.5m to take a 24.95 per cent stake in the Rhyl Flats offshore wind farm, marking its first direct equity investment in the fast-expanding industry. Offshore...

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