Transaction diversifies financing sources after third quarter results presentation

Results impacted by $50m impairment of an offshore wind lease project in California in the period

Spending during the year has been mainly on networks and renewables in the US

Merger talks with Portuguese outfit began earlier this year but ended without deal

Summa Equity investment to aid development of resilient, flexible, and sustainable network

Funding package includes offshore arrays near Orkney, Lincolnshire, and 600MW PV farm