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.
• Direct investment
Value in US dollars
• USD 400 million (PFA) USD 470 million (PKA)
• East Irish Sea
• United Kingdom
• Clean Energy Production
• 25 years (PFA) 2042 (PKA)
• The project is a shared-ownership project between PFA (25%), Ørsted (50%) and PKA (25%).
Form of Funding
Henrik Nøhr Poulsen
Managing Director – Global Strategic Partnerships
Deputy Executive Director, Head of Sustainable Investments (ESG)