Tag Archives: Ørsted

Ørsted completes divestment of Borkum Riffgrund 2 wind farm

Further to the company’s announcement issued on 7 August 2017, Ørsted has completed the divestment of 50% of the Borkum Riffgrund 2 offshore wind farm to Global Infrastructure Partners (GIP). The acquisition price will be paid in 2017, and the EPC contract payments will be made during 2017 and 2018. With the completion of the … Continue reading Ørsted completes divestment of Borkum Riffgrund 2 wind farm

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Fugro wins Ørsted contracts at two U.S. offshore wind energy projects

Fugro has been awarded contracts by Ørsted to undertake geotechnical investigations at two large-scale offshore wind development sites. Ørsted is pursuing the development of these two new projects – Bay State Wind, located 15 miles off the coast of Martha’s Vineyard, Massachusetts and Ocean Wind, 10 miles off the New Jersey coast – to bring … Continue reading Fugro wins Ørsted contracts at two U.S. offshore wind energy projects

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Ørsted divests 50% of Walney Extension offshore wind farm

Ørsted (the former DONG Energy) has signed an agreement to sell 50% of Walney Extension, a 659 megawatt (MW) UK offshore wind farm project to a consortium consisting of PKA and PFA, two leading Danish pension funds. Each investor will obtain a 25% ownership interest in the project. Walney Extension, which is currently under construction, … Continue reading Ørsted divests 50% of Walney Extension offshore wind farm

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DONG Energy to change company name to Ørsted

Following the profound strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production, the name DONG Energy does not fit the company anymore. Consequently, DONG Energy has today called an Extraordinary General Meeting to ask the shareholders of the company to approve a change of the company … Continue reading DONG Energy to change company name to Ørsted

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