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Ørsted sells 50% of Hornsea 3 project to Apollo for DKK 39 billion

Danish Ørsted has signed an agreement with Apollo to sell a 50% stake in its Hornsea 3 offshore wind farm in the UK, in a strategic transaction valued at approximately DKK 39 billion ($5.43bn).

Ørsted sells 50% of Hornsea 3 project to Apollo for DKK 39 billion

CountriesRoyaume-Uni
CompaniesOrsted
SectorÉnergie Éolienne, Offshore
ThemeInvestissements & Transactions, Transfert d'Actifs Énergétiques

Ørsted has announced it has entered into a sale agreement with Apollo-managed funds for a 50% stake in the 2.9 GW Hornsea 3 offshore wind farm located 160 kilometers off the coast of Yorkshire, UK. The total value of the transaction is approximately DKK 39 billion ($5.43 billion), marking a major step in Ørsted’s asset transfer strategy.

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Énergie Éolienne