The parties have not disclosed when the transaction is expected to close or how much Swiss Life Asset Managers has agreed to pay for the stake.
The 731.5MW Borssele III & IV Borssele III & IV (731.5MW) Offshoreoff Zeeland, Netherlands, Europe Click to see full details wind farm consists of 77 of Vestas’ V164-9.5MW turbines, and was commissioned in 2021.
Other owners include Shell (20%), asset manager Luxcara (10%), Dutch energy firm Eneco (10%), Japanese oil company Inpex (15%). Partners Group will retain a 25% stake in the project after the transaction has been completed.
The Shell-led consortium secured an offtake deal for the project in the Netherlands’ second offshore wind tender in 2016.
Partners Group’s infrastructure businesses manages $21 billion of assets globally and has made investments in 18 countries, including onshore wind in Australia and offshore wind in the German North Sea.