Sales News

 

Orsted Sells 50% Stake in UK Wind Farm for $6b

Nov 03, 2025

Denmark's Orsted said on Monday it agreed to sell a 50% stake in Britain's Hornsea 3 offshore wind farm for 39 billion Danish crowns ($6.09 billion), widely regarded as a crucial move to prevent a crippling credit rating downgrade.Orsted, the world's largest offshore wind developer, seeks to restore investor confidence as it faces rising costs from supply chain disruptions and inflation, as well as uncertainty wrought by U…

LLOG Exploration Explores Possible Sale Valued at $3b

Oct 31, 2025

LLOG Exploration Offshore is exploring a potential sale, which may value one of the largest privately held oil and gas producers in the U.S. Gulf at more than $3 billion including debt, people familiar with the matter said.The Covington, Louisiana…

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