GIP’s Skyborn Is Said to Seek Stake Sale in German Offshore Wind

Skyborn Renewables, a unit of Blackrock Inc.’s Global Infrastructure Partners, is looking to sell a stake in a major wind farm under development off Germany, according to people familiar with the matter.

The developer has appointed Banco Santander SA to run the sale of an interest in the Gennaker wind project, a development of about 1 gigawatt planned in the Baltic Sea, according to the people, who asked not to be identified because the information is private.