Ørsted finalizes big acquisition

The energy company has received approval from US competition authorities for its acquisition of US offshore wind developer Deepwater Wind for USD 510 million.
Photo: Siemens Gamesa RE
Photo: Siemens Gamesa RE

Ørsted is now formally the owner of Deepwater Wind. The US Federal Trade Commission's Bureau of Competition has thus approved the acquisition of the US offshore wind energy developer, a purchase for USD 510 million announced by the Danish energy company on Oct. 8. The entirety of Deepwater's equity is now conclusively held by Ørsted, informs the green energy major in a stock exchange notice.

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