KEYFACT Energy
The Renewables Infrastructure Group Limited (TRIG) announces that the Sale and Purchase Agreement ("SPA") has been signed for the divestment of its 17.5% stake in the Beatrice offshore wind farm for c. £155m.
This follows the announcement made on 15 June 2026, that the pre-emption right to acquire the investment had been exercised by funds managed by Equitix Investment Management Ltd, an existing co-shareholder. Completion is expected to occur before the end of the year subject to the timing of securing third-party consents.
The sale of Beatrice represents good progress towards the Company's 12-month £400m capital realisation target set out at the Capital Markets Seminar in May 2026.
KeyFactsEnergy Industry Directory: TRIG