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AIP fuels €550m funding round for French IPP

UK investor 3i takes 50% stake in offshore transmission venture

3i Infrastructure, a London-listed investment firm, has paid £23 million ($36 million) for a 50% stake in the offshore transmission owner (OFTO) of the UK's West of Duddon Sands wind farm. The remaining equity in the project will be acquired by Macquarie Capital.