XLE & Oil

RWE and KKR Seal $16 Billion UK Offshore Wind Mega-Deal

OilPrice.com·Nov 11, 2026 · 5:30 AM CT
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RWE and KKR reached financial close on a $16 billion (£12 billion) investment in the Vanguard West and Vanguard East offshore wind farms in the UK North Sea, likely the biggest renewable investment in Britain ever. The projects total about 2.8 GW, enough for around three million homes, and are due to be fully commissioned in 2030.

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