Ørsted Finalizes Divestment in UK Wind Farms

Ørsted A/S has completed its sale of a 12.45% minority stake in four UK offshore wind farms: Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension. This transaction transfers the stakes to Brookfield, following Ørsted's initial announcement on October 30, 2024.

The wind farms involved are key assets in the UK, contributing to the country's renewable energy production. This divestment marks a strategic decision by Ørsted as part of its broader financial and operational plans. The move is consistent with Ørsted's commitment to environmentally sustainable operations while optimizing its investment portfolio.

Ørsted continues to focus on developing and operating renewable energy solutions globally. The company's vision is a world powered entirely by green energy. Headquartered in Denmark, Ørsted remains a leader in climate action.