Mitsubishi Corporation has acquired a 33.4% stake in the Contracts for Difference-backed 950MW Moray East wind farm off Scotland.
The shares have been bought through the Japanese outfit’s UK subsidiary Diamond Generating Europe.
It joins EDPR (34%) and Engie (23%) as shareholders. A further 10% equity stake in the project is also up for grabs, it is understood.
Moray East will feature MHI Vestas 9.5MW turbines and is due online in 2022/23.
Image: MHI Vestas
Mitsubishi makes Moray move
By EBS