KKR and RWE secure £1 billion loan for Vanguard windfarms development (business) — The Guardian Australia – Business
The Guardian Australia – Business ·business ·2 days ago

KKR and RWE secure £1 billion loan for Vanguard windfarms development

KKR and RWE secured a £1 billion loan from the UK National Wealth Fund for their Vanguard windfarms on Wednesday. The project, requiring nearly £13 billion in total financing, has been in development since RWE won a auction contract in January. Critics question whether the state loan is necessary for these financially robust firms.

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Published 11 Nov 2026, 18:15 UTC · Updated 11 Nov 2026, 19:00 UTC

Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections