Finance
2.9GW project now 50% owned by Apollo
EBITDA of €1.482bn represents a 62% inter-annual gain for the renewables developer
Q3 results also reveal that the Spanish investor’s wind and solar production is up by 13%
The company is set to restructure the division to make $0.5bn savings
Pot structure, delivery years and administrative strike prices due to be unveiled ahead of March launch
Developer/operator is targeting a normative EBITDA of approximately €475m as outlined in investor presentation
Proceeds will be used to invest in transmission projects that connect offshore wind to the onshore grid
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