Yesterday, Octopus Energy acquired a 12.5% stake in the 660 MW Walney Extension, an offshore wind project with a 5-year history of power generation, a $190/MWh strike price, and a remaining contract life of 10 years.
Using Enerdatics' platform, which houses a comprehensive database of deals with similar asset profiles, we estimate this deal's value at over $600 million.
Our users can make such precise estimates within seconds, thanks to the granular data points available on our platform.
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The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.