Ørsted commits to major US investment

The Danish utility ups the ante in state of Maryland’s future offshore wind venture.

Ørsted has confirmed plans to invest USD 14m in Tradepoint Atlantic. | Photo: Ørsted

BY ANNE FILBERT, TRANSLATED BY SIMON ØST VEJBÆK

Following plans to establish 8.5GW offshore wind by 2031, US state of Maryland looks to deepen its local foundation. To that end, Ørsted confirms plans to commit yet another USD 14m, bringing its total investment to USD 30m, reports Renews.

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