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

Tim Barsoe and Nikolaj Skydsgaard
Wednesday, August 12, 2020

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)


Categories: Energy Offshore Wind Activity Europe Asia The Netherlands

Related Stories

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

Aramco’s Building in Riyadh Damaged by Houthi Attack

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Oil Markets Brace for Years of High Prices as Iran War Drags On

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Kazakhstan Resumes Action to Collect $5.2B Kashagan Field Fine

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Current News

Oil Heads for Weekly Decline Despite Middle East Supply Threats

Inpex Raises Profit Forecast on Strong Ichthys LNG Production

Singapore Seeks LNG Floating Storage Operators to Expand Bunkering Ops

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

Iran Brings South Pars Gas Platform Fire Under Control

Oil Prices Slide as Trump Signals Pause in Iran Strikes

Murphy Oil Secures Six Offshore Israel Licenses Near Leviathan Gas Field

VAALCO Advances Côte d'Ivoire Offshore Exploration Ahead of 2028 Drilling

Aramco’s Building in Riyadh Damaged by Houthi Attack

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com