Ørsted's investment capital gets massive boost from Hornsea 1 sale

Ørsted will have plenty of capital for investing in new projects now that it has sold half of offshore wind farm Hornsea 1.

by ritzau finans

Ørsted's partial sale of its offshore wind farm project, Hornsea 1 located in UK waters, secures the Danish utility GBP 4.46 billion, which initially will be deposited into the company's aggregated investment capital, says Ørsted CFO Marianne Wiinholt following an announcement from late Tuesday regarding a deal with the buyer, Global Infrastructure Partners.

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Ørsted sells half of Hornsea 1 for EUR 5 billion
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