Hornsea 1 Offshore wind farm - PFA

The Hornsea 1 offshore wind farm will be the largest offshore wind farm in the world. Once officially opened in 2020, it will produce enough energy to power over 1 million homes.

With a capacity of 1.2 gigawatts (GW), Hornsea One will be the world's first offshore wind farm to exceed 1 GW in capacity.

Located off the Yorkshire coast, Hornsea One will span a huge area of approximately 407 square kilometres, which is over five times the size of the city of Hull. The offshore wind farm will use 7 megawatt (MW) wind turbines, with each one 190 metres tall – larger than the Gherkin building in London.

Asset classes
• Direct investment - loan

Value in US dollars
• Mezzanine loan provided by PFA: 320 mio. USD

Geographic location
• UK

Green Dimension(s):
• Clean Energy Production

Expected Maturity
• Loan up to 18 years

• Hornsea 1 is a joint venture between Ørsted and Global Infrastructure Parthers.
• PFA is the sole provider of a mezzanine loan to Global Infrastructure Partners

Form of Funding
• Mezzanine loan

Henrik Nøhr Poulsen
Managing Director – Global Strategic Partnerships

Climate Investment Coalition Secretariat

The Climate Investment Summit is organised by the Climate Investment Coalition founded by The Danish Government, Institutional 

Investors Group on Climate Change (IIGCC), Insurance & Pension Denmark and World Climate Foundation.