Ørsted sells £1.7 billion stake in UK wind farms to Brookfield
Danish energy giant Ørsted (CPH: ORSTED) has sold a stake in four of its UK wind farms to US energy investor Brookfield (NYSE: BEP) in a deal worth £1.745 billion.
Danish energy giant Ørsted (CPH: ORSTED) has sold a stake in four of its UK wind farms to US energy investor Brookfield (NYSE: BEP) in a deal worth £1.745 billion.
Inverkeithing-based Pict Offshore has completed 10,000 personnel transfers on Orsted’s Hornsea 2 offshore wind farm since putting its Get-Up-Safe (GUS) system into service in 2022.
The offshore wind sector is critical to achieving net zero goals and ensuring energy security.
Meanwhile, the location of a ‘world first’ floating wind hydrogen demonstrator project off Aberdeen may also be in doubt.
A Vodafone 4G mobile network has been deployed by Vilicom on the world's largest operational offshore wind farm, Hornsea 2.
The world’s largest installed offshore wind farm is now fully operational, Danish renewables giant Orsted has confirmed.
Danish energy developer Ørsted (ORSTED.CO) reported pre-tax profits of 893 million DKK (£101m) for the second quarter, as delays to key projects and “ineffective” hedging offset a rise in revenue.
Orsted has struck a £3 billion deal to sell a 50% stake in Hornsea 2, soon to become the world’s largest offshore wind farm.
Aberdeen-headquartered OEG Offshore has acquired temporary power, engineering and vessel specialist Manor Renewable Energy.
For the first time ever, the giant fleet of UK wind farms are earning the government money.