DEME Concessions, a subsidiary of the DEME Group, completes the sale of its stake (12.5%) in the Merkur Offshore Wind Farm.
On May 12 the consortium comprising of funds managed and/or advised by Partners Group (50%), InfraRed Capital Partners (25%), DEME Concessions (12.5%), GE Energy Financial Services (6.25%) and ADEME, has successfully completed the sale of 100% of Merkur Offshore to APG, the Dutch pension investor and The Renewables Infrastructure Group Limited (TRIG) , the FTSE 250 London‐listed investment company advised by InfraRed Capital Partners.
The transaction leads to a capital gain of €62 mio for DEME.