Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

Image Credit: Orsted
Image Credit: Orsted

Danish wind farm developer Orsted is exploring opportunities to sell parts of its Borssele 1 and Borssele 2 offshore wind farms in the Netherlands, CEO Henrik Poulsen said in a call with investors on Wednesday.

"We are exploring the potential opportunities to farm down the Dutch Borssele 1 and 2 project," Poulsen said, adding the firm continued to see strong demand for its wind farms from investors.

Poulsen also said Orsted was in the process of farming down the Greater Changhua 1 project in Taiwan, a deal it expects to close in the first half of 2021. 

(Reporting by Tim Barsoe and Nikolaj Skydsgaard; editing by Jason Neely)


Current News

Salunda Unveils Next-Gen Wireless Latch Monitoring Tool for Drilling Rigs

Salunda Unveils Next-Gen Wirel

Argentina YPF to Shed Offshore Exploration Projects

EU-Backed Project to Unlock Tidal and River Energy Potential

EU-Backed Project to Unlock Ti

Petrogas, Gasunie to Explore Reusing North Sea Pipelines for Green Hydrogen

Petrogas, Gasunie to Explore R

Subscribe for OE Digital E‑News

Offshore Engineer Magazine