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Dong Snaps Up 580-Megawatt Race Bank Windfarm


Industry Segment: Power | Word Count: 502 Words

GALWAY, IRELAND--December 19, 2013 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) Denmark's Dong Energy A/S (Fredericia, Denmark) continues to cement its position as one of the U.K.'s leading developers of offshore wind, after it agreed to buy the 580-megawatt (MW) Race Bank offshore windfarm project from energy utility Centrica plc (OTC:CPYYY) (Windsor, England). In a deal worth 59 million ($81 million) Dong has acquired a 100% ownership interest in Race Bank, located in the Greater Wash area approximately 27-kilometers off the east coast of England.

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