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Marguerite Pantheon sells stake in Belgian offshore wind farm C-Power

  • A 10% stake was sold to co-shareholders
  • Located on Thornton Bank, off the Belgian coast, C-Power has a total capacity of 325 MW
  • C-Power was Marguerite’s first investment, made in 2011

Marguerite Pantheon SCSp sold its 10% stake in the Belgian offshore wind farm C-Power. Marguerite Pantheon SCSp is a bespoke investment vehicle managed by Marguerite, in which the specialist global private markets investor, Pantheon, is the sole investor. The stake was acquired by existing co-shareholders. The transaction was signed and closed on 2 February 2024.

The C-Power offshore wind farm is located in Belgium’s exclusive economic zone, 28km north of the Belgian coast, and consists of 6x 5M and 48x 6.15 M Senvion turbines. The project started operation in stages between 2009 and 2013, and it was Marguerite’s first investment, made in 2011.

Marguerite Pantheon SCSp was advised on the sale by Green Giraffe (financial), Clifford Chance (legal), Mott MacDonald (technical) and KPMG (tax).