Wind Energy – Appointment
Ørsted appointed David Taeseung Yoo as South Korea Country Manager.
[Read more…] about New South Korea country manager for ØrstedCIP acquires Ørsted’s European onshore business
Wind Energy – Acquisition
Copenhagen Infrastructure Partners (CIP) has agreed to acquire Ørsted’s European onshore business, which has over 800 MW in operation and under construction, along with a multi-gigawatt development pipeline across Ireland, the UK, Germany, and Spain.
[Read more…] about CIP acquires Ørsted’s European onshore businessOffshore wind developer prevails over Trump in court again
General – Revolution Wind
A federal judge ruled Monday that work on the OWF Revolution Wind can resume, handing the industry at least a temporary victory as President Trump seeks to shut it down.
[Read more…] about Offshore wind developer prevails over Trump in court againØrsted officially sells 50% stake in Hornsea Three OWP
General – Ownership Hornsea
Ørsted has agreed to sell half of its ownership in the Hornsea Three offshore wind farm to global investment firm Apollo Global Management for $6.1 billion.
[Read more…] about Ørsted officially sells 50% stake in Hornsea Three OWPCIP acquires first biogas plant in UK
General – Acquisition
Copenhagen Infrastructure Partners (CIP) has made a final investment decision to acquire a combined pre-treatment and biogas plant from Ørsted.
[Read more…] about CIP acquires first biogas plant in UKØrsted to cut 2,000 jobs in global restructuring to boost competitiveness
General – Restructuring
Renewable energy leader Ørsted has announced a major organizational restructuring that will see approximately 2,000 jobs cut by the end of 2027 as part of a broad effort to strengthen its competitiveness and align with its updated business strategy.
[Read more…] about Ørsted to cut 2,000 jobs in global restructuring to boost competitivenessRevolution Wind cleared to restart work
Wind Energy – Revolution Wind
A federal court judge on Monday granted energy company Ørsted a preliminary injunction to resume work on its Revolution Wind turbine array off Rhode Island, lifting an Aug. 22 stop-work order by the Trump administration.
[Read more…] about Revolution Wind cleared to restart workØrsted to raise $9.3bn after US offshore wind farm sale crumbles
Wind Energy – Negative Developments
Danish offshore wind developer Ørsted has decided to discontinue the process for the partial divestment of the 924MW Sunrise Wind offshore wind farm set to deliver power to New York.
[Read more…] about Ørsted to raise $9.3bn after US offshore wind farm sale crumblesØrsted secures project financing for Greater Changhua 2
Wind Energy – Finance
Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise $3bn for the 632 MW offshore wind farm Greater Changhua 2.
[Read more…] about Ørsted secures project financing for Greater Changhua 2PTSC delivers Vietnam’s first scale offshore wind foundations
Wind Energy – Vietnam
Recently, Petrovietnam Technical Services Corporation (PTSC) handed over 33 suction bucket jacket (SBJ) foundations to Danish energy giant Ørsted for the 920 MW Greater Changhua 2b & 4 offshore wind farms in Taiwan.
[Read more…] about PTSC delivers Vietnam’s first scale offshore wind foundations