Octopus and GLIL invest £400 million in Hornsea One wind farm

For £400 million, Octopus Energy Generation and GLIL Infrastructure purchased a 12.5 per cent stake in the Hornsea One wind farm in the UK. Each of the two companies contributed £200 million to the 1.2 GW offshore wind farm, with Octopus making the investment on behalf of Nest, a British pension scheme. The Hornsea One wind farm, which has been in operation since 2020 and is located offshore of Yorkshire, generates clean energy for more than one million homes.

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