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Denmark's Ørsted Wraps Up Sale of 50% Stake in UK Offshore Wind Farm

MT Newswires·12/30/2025 06:36:29
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06:36 AM EST, 12/30/2025 (MT Newswires) -- Ørsted (ORSTED.CO) completed the sale of a 50% stake in the Hornsea 3 offshore wind farm in the UK to Apollo-managed funds, according to a Tuesday release. In November, the Denmark-based energy company announced the 39 billion-Danish-krone deal, which includes Apollo committing to fund 50% of the payments under the project's engineering, procurement, and construction contract for the wind farm and the offshore transmission asset.