ØRSTED SELLS 50% STAKE IN HORNSEA 3 OFFSHORE WIND FARM FOR $6.5BN
https://s.yimg.com/ny/api/res/1.2/v8zAovc9ZBZgMMuy0KP6ug--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/power_technology_866/372a80578b7b17cf980d1ad943220544
✍️ Ørsted has agreed to sell a 50% stake in its 2.9GW Hornsea 3 offshore wind farm in the UK to Apollo Global Management for approximately $6.5bn.
👉 Ørsted sells 50% stake in Hornsea 3 offshore wind farm to Apollo Global Management 👉 Deal valued at approximately $6.5bn 👉 Apollo to acquire 50% of the project and commit to funding for remaining construction costs 👉 Ørsted to continue building Hornsea 3 under full-scope engineering, procurement, and construction contract 👉 Ørsted to provide long-term operations and maintenance services
-- #TrondWestlie #AdamPetrie #UK #Yorkshire #EastCoast #business
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