Ørsted : A first, not entirely convincing, step in the group’s disposal strategy
>Ørsted sells 12.45% stake in four wind farms to Brookfield - Ørsted yesterday announced the sale of a 12.45% stake in four of its UK offshore wind farms to Brookfield Group and its partners. This concerns Hornesa 1, Hornesa 2, Walney Extension and Burbo Bank Extension, with a combined total capacity of around 3.5 GW. The value of the transaction is £ 1.745bn (approx. DKK 15.7bn), i.e. $ 4bn/GW or DKK 36bn/GW. Brookfield will finance the transaction through Brookfield...Orsted is a renewable energy company based in Denmark. Co. is engaged in developing a renewables portfolio based on competences in offshore wind, bioenergy, and energy solutions. Co. is active in deploying offshore wind and converting existing coal- and gas-fired power stations to sustainable biomass, providing a heat and power supply which is both green and flexible. Co. divides its operations into four businesses: Wind Power, Bioenergy & Thermal Power, and Distribution & Customer Solutions. The Bioenergy & Thermal Power and Distribution & Customer Solutions businesses jointly constitute Co.'s Danish utility business. Co. maintains activities primarily in Northwestern Europe.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.