Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn

Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […]

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UK Commences World’s Largest Offshore Wind Farm

The addition of 87 wind turbines to the farm of already working 102 wind turbines has made it the largest operational offshore wind farm in the world. Just off the coast of England’s Walney Island is the site of newly commissioned 659 MW offshore wind power station. The addition of 87 wind turbines to the […]

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