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

Published

Image Credit: Orsted
Image Credit: Orsted

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)


Current News

Norway Approves Request to Delay Offshore Wind Farm License Application

Norway Approves Request to Del

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

TenneT Completes Drilling, Ins

Alexandre de Gusmão FPSO Reaches Peak Production

Alexandre de Gusmão FPSO Reach

Transocean Awarded $300 Million Contract for Ultra-Deepwater Drillship

Transocean Awarded $300 Millio

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine