Namely, 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%).

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.

Quick facts

  • 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.
  • Total capacity of 573 MW, producing enough electricity to power over half a million UK homes annually.
  • It is fifth largest wind farm in the world.

Matthew Wright, Managing Director at Ørsted UK, said:

Race Bank is a fantastic infrastructure project and underlines Ørsted’s contribution to the UK’s energy transition...Powering over half a million homes every year, Race Bank is another positive step towards delivering the UK’s decarbonised energy system of the future.