Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

Tim Barsoe and Nikolaj Skydsgaard
Wednesday, August 12, 2020

Danish wind farm developer Orsted is exploring opportunities to sell parts of its Borssele 1 and Borssele 2 offshore wind farms in the Netherlands, CEO Henrik Poulsen said in a call with investors on Wednesday.

"We are exploring the potential opportunities to farm down the Dutch Borssele 1 and 2 project," Poulsen said, adding the firm continued to see strong demand for its wind farms from investors.

Poulsen also said Orsted was in the process of farming down the Greater Changhua 1 project in Taiwan, a deal it expects to close in the first half of 2021. 

(Reporting by Tim Barsoe and Nikolaj Skydsgaard; editing by Jason Neely)

Categories: Activity Europe Energy Asia Taiwan The Netherlands Offshore Wind

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