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Home » Uncategorized » Orsted completes divestment of UK offshore shares
Offshore Wind

Orsted completes divestment of UK offshore shares

Michael Lee-MurphyBy Michael Lee-MurphyDecember 31, 20241 Min Read
COVID-19: Orsted managing crisis but warns of key risks

Orsted has completed its divestments from 12.45% minority shares in four different UK wind farms. 

The Danish developer announced in October that Brookfield would acquire the shares in Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension. 

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Altogether the transaction gives Brookfield a stake in 3.5GW of wind farms currently under long term contracts for difference. 

The transaction is worth some £1.745b.

Orsted retains a 37.55 % ownership interest in the four assets. 

Burbo Hornsea Hornsea 2 Offshore Wind Orsted Walney
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