Eversource mulling sale of stake in joint venture with Ørsted

A strategic review has prompted Ørsted’s US partner to reconsider its stake in the joint venture, which could be up for a partial or full sale.

BY ANNE FILBERT, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Ørsted’s US offshore wind partner Eversource is mulling a potential divestment of its stake or the entire joint venture. This much is clear after Eversource presenting its quarterly results revealing that a strategic review of the offshore wind portfolio has led the company to look for a replacement in the joint venture launched five years ago.

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