Abu Dhabi sovereign wealth fund Mubadala has announced a US$325 million stake in the Hornsea 3 offshore wind project. Partnering with an Apollo-led consortium, the investment supports the development of the world’s largest single offshore wind farm off the Norfolk coast. The 2.9GW project will eventually power over 3.3 million UK homes, contributing significantly to the nation’s 2030 renewable energy targets and net zero ambitions.