GIP Will Pay 780 Million Euros For 50% Stake in Wind Project

  • Dong Energy will retain a 50 percent stake in project
  • Talanx arranging a project bond to support GIP's acquisition

Global Infrastructure Partners, or GIP, will pay 780 million euros ($879 million) for a 50 percent stake in the Gode Wind 1 offshore wind project being constructed by Denmark’s Dong Energy A/S.

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