KKR and RWE finalise $16bn UK offshore wind investment
Wednesday, November 11, 2026 · first reported by Private Equity Wire
KKR and RWE have reached financial close on an investment in two UK offshore wind projects, Norfolk Vanguard West and Vanguard East. Private Equity Wire gives the size as both $16bn and £12bn. The wind farms are due to be fully commissioned by 2030, with output for about three million homes and more than 2,400 construction jobs.
Funding combines equity from KKR and RWE, debt from international lenders and £1bn from the UK's National Wealth Fund. The partnership was announced in January, when KKR agreed to buy a 50% stake in the projects.
- Firm
- KKR
- Also named
- RWE, National Wealth Fund
- Asset class
- Private equity, Infrastructure
- Geography
- Europe
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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