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

Shell Balances Gas Weakness with Oil Trading Gains

Shell Balances Gas Weakness wi

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Nam Cheong Locks In Two OSV Ch

SCA Secures First 50Hertz Contract for Cable Carousel Systems

SCA Secures First 50Hertz Cont

Perenco Expands Southern North Sea Portfolio

Perenco Expands Southern North

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine