Ørsted is allegedly discussing a sale of a stake in the Hornsea 2 offshore wind farm with a consortium consisting of French insurance group Axa and major French bank Credit Agricole, writes Bloomberg News citing anonymous sources.

According to the sources, negotiations are far along already, and if the transaction is completed, it would be one of the largest of the year involving green energy.

Research firm BloombergNEF estimates a 50-percent stake in the wind farm to run into GPB 1.8bn.

The installation of Hornsea 2 is expected to be completed later this year and will be one of the largest wind farms in the world with a capacity of 1.32GW.

The wind farm, which will consist of 165 8MW turbines from Siemens Gamesa once completed and is located in the British part of the North Sea, generated its first electricity in December.

A spokesman from Ørsted has declined to comment on Bloomberg’s information.

The Ørsted share rose 3.5 percent Tuesday afternoon to DKK 678.4 (EUR 91.14).

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