Marubeni Corporation ("Marubeni") is pleased to announce that it has entered into an agreement to acquire, along with the UK Green Investment Bank ("GIB"), a 50% interest from DONG Energy ("DONG Energy") of the Westermost Rough ("WMR") Offshore Wind Power Project. WMR is under construction off the east Yorkshire coast of the UK and is due to reach commercial operation in early 2015.

Project Name

Westermost Rough Offshore Wind Power Project

Business Description

Wind power generation business with a 15 year power purchase agreement with DONG Energy

Location

UK / 8km from East Yorkshire Coast

Ownership

DONG Energy 50%

Marubeni 25%

GIB 25%

Capacity

210MW (Siemens 6MW turbine x 35 units)

Commercial Operation Date

1H/2015