Walney Wind Farm - PFA, PKA

Construction of an offshore wind farm with a capacity of 659 MW, the wind farm supplies green power to 590,000 homes in the UK. This makes it the world largest offshore wind farm at the time of construction.

PFA owns 25% of the equity in Walney Extension Offshore Wind Farm, PKA acquired a 25 % equity interest from Orsted who still owns 50 % of the wind farm.

Asset classes
• Direct investment

Value in US dollars
• USD 400 million (PFA) USD 470 million (PKA)

Geographic location
• East Irish Sea
• United Kingdom

Green Dimension(s):
• Clean Energy Production

Expected Maturity
• 25 years (PFA) 2042 (PKA)

Partners
• The project is a shared-ownership project between PFA (25%), Ørsted (50%) and PKA (25%).

Form of Funding
• Equity


Contact

PFA contact:
Henrik Nøhr Poulsen
Managing Director – Global Strategic Partnerships


PKA contact:

Dewi Dylander

Deputy Executive Director, Head of Sustainable Investments (ESG)