
Gulf Expands European Offshore Wind Presence
Gulf Development has established a UK subsidiary to support European energy expansion and strengthen its offshore wind investments in Germany and the UK.

Gulf Development has established a UK subsidiary to support European energy expansion and strengthen its offshore wind investments in Germany and the UK.

Mubadala Investment Company has invested $325 million in Ørsted’s Hornsea 3 offshore wind project, joining an Apollo-led consortium in the UK development.

The UK is preparing Offshore Wind Leasing Round 6 for 2027, with around 6GW of new capacity expected mainly off North East England.
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