Profit spike for Orsted in Q3 as revenues experience dip
Offshore wind giant Orsted has reported a spike in profit in the third quarter 2019 alongside a slight slide in revenues.
Offshore wind giant Orsted has reported a spike in profit in the third quarter 2019 alongside a slight slide in revenues.
Offshore wind giant Orsted has announced that it has signed an agreement to sell of more than £470 million in transmission assets at its Race Bank Offshore Wind Farm.
Danish offshore wind giant Orsted has seen its plans to extend its Race Bank project blocked by the UK Crown Estate as the regulative body allowed several other developments to increase their size.
Orsted has officially opened a new windfarm today, capable of powering over 500,000 UK homes a year.
Danish wind firm Ørsted has announced that full power has been achieved at its Race Bank development on the Norfolk coast.
Dong Energy has entered into an agreement to sell 50% of Race Bank, a 573 megawatt (MW) UK offshore wind farm project, to Macquarie European Infrastructure Fund 5 and Macquarie Capital, the principal investment arm of Macquarie Group – with equal interests.
Tekmar Energy has landed a deal with Dong Energy for its Race Bank offshore windfarm.