Renewables

Race Bank Offshore Wind Farm is Officially Opened

Race Bank, a new offshore wind farm capable of powering over half a million UK homes, officially opened at a ceremony in Grimsby on June 13, 2018.

Race Bank is owned by Ørsted (50%), Macquarie European Infrastructure Fund 5 (25%), Sumitomo Corporation (12.5%) and funds advised by the Green Investment Group, Arjun Infrastructure Partners and Gravis Capital Management (12.5%).

Race Bank is capable of generating 573 megawatts (MW) of green electricity from its 91 Siemens Gamesa 6 MW wind turbines. Many of these turbines feature the first blades to be manufactured at the Siemens Gamesa blade factory in Hull.

The wind farm is located off the North Norfolk coast and is operated from Ørsted’s East Coast Hub in Grimsby, the UK’s largest offshore wind Operations and Maintenance (O&M) base. The project features a new way of carrying out offshore maintenance, using a state of the art Service Operation Vessel (SOV) that remains offshore with technicians working shifts of 14 days on and 14 days off.

Facts about Race Bank Offshore Wind Farm:

  • Owned by Ørsted (50%), Macquarie European Infrastructure Fund 5 (25%), Sumitomo Corporation (12.5%) and funds advised by the Green Investment Group, Arjun Infrastructure Partners and Gravis Capital Management (12.5%).
  • Located approximately 16.8 miles off Blakeney Point on the North Norfolk coast and 17.4 miles off the Lincolnshire coast at Chapel St Leonards
  • Covers a total area of 75km2
  • Consists of 91 Siemens Gamesa 6 MW turbines
  • Total capacity of 573 MW, producing enough electricity to power over half a million UK homes annually

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