Macquarie’s Green Investment Group (GIG) announced on Monday 12 August that it has entered an agreement with Iberdrola’s ScottishPower Renewables to acquire a 40% stake in the 714MW East Anglia ONE offshore wind farm. The wind farm is located 43km off the Suffolk coast. The acquisition means that Macquarie and GIG have now supported almost 50% of the UK’s offshore wind capacity – over 5.7GW across 14 projects.