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

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Oil Surges 3% on Renewed US-Iran Strikes

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

Current News

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

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