Ørsted Sells Share in Borssele 1&2 Portfolio to Norges Bank Investment Management (NBIM)

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Today, Ørsted has signed an agreement with Norges Bank Investment Management (NBIM), who will be acquiring a 50 % ownership share of Ørsted's 752 MW Borssele 1 & 2 Offshore Wind Farm.

Today, Ørsted has signed an agreement with Norges Bank Investment Management (NBIM), who will be acquiring a 50 % ownership share of Ørsted's 752 MW Borssele 1 & 2 Offshore Wind Farm, which was commissioned in the fourth quarter of 2020 and generates green power to the equivalent of one million households' annual power consumption in the Netherlands. The total value of the transaction is approx. EUR 1.375 billion (approx. DKK 10.2 billion) which is to be paid upon closing of the transaction. Closing is expected around summer 2021. As part of the... ... More: Official Press Release Ørsted

Keywords:

Ørsted, Borssele 1&2, Netherlands, offshore, wind farm, Norges Bank Investment Management, NBIM, acquisition, ownership, share, O&M, infrastructure