Abu Dhabi company investing in Hornsea 3 offshore project alongside a consortium led by Apollo-managed funds
Energy
May 12, 2026
Mubadala Investment Company, Abu Dhabi’s sovereign investment arm, is investing $325 million in Orsted’s Hornsea 3 offshore wind farm in the UK, as it continues to expand its global renewable energy portfolio.
The facility off the Norfolk coast is set to become the world’s largest single offshore wind farm on completion, with a generation capacity of 2.9 gigawatts.
It is expected to supply enough renewable electricity to power more than 3.3 million UK homes.
El proyecto se convertirá la mayor coinversión de la empresa española hasta la fecha
The UAE is amassing clean energy investments around the world, led by state renewables giant Masdar.
For the first time, the new wind farms will be connected to more than one country through undersea cables.
The government needs to significantly boost its capacity of offshore wind projects if it is to meet its clean power targets.
Danish firm Orsted, which has 12 wind farms in Britain which generate 7 per cent of the country's electricity, became the latest…
RIYADH: Abu Dhabi-based NMDC Energy has signed a memorandum of understanding with US energy technology firm Baker Hughes to…
