Deals
Marubeni Pays $324 Million for U.K. Wind Stake From Dong
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Marubeni Corp. became the first Japanese company to invest in an offshore wind project after agreeing to pay 200 million pounds ($324 million) for 49.9 percent of a U.K. park owned by Dong Energy A/S.
The Japanese trading house agreed to buy shares in the 172-megawatt Gunfleet Sands facility off Essex in southern England, Skaerbaek, Denmark-based Dong Energy said in a statement.