Latest Issue
 
Windtech International November December 2024 issue

 

FOLLOW US AT

follow

 

follow


Ørsted has completed the divestment of 25 % of the London Array Offshore Wind Farm to funds managed by Schroders Greencoat.
 
The total value of the transaction is GBP 717 million (DKK 6.17 billion). London Array has a total installed capacity of 630 MW and entered commercial operation in 2013. Ørsted originally owned 50 % of the project and divested an initial 25 % of London Array to CDPQ in 2014. Ørsted does not have O&M responsibility at London Array, and as the company only holds a minority interest, Ørsted considers the asset non-strategic.
 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.