Ørsted Signs Agreement To Divest 50 % Stake In Hornsea 3 To Apollo
ReutersNov 3, 2025 7:12 PM
Nov 3 (Reuters) - ORSTED ORSTED.CO:
ORSTED- ØRSTED SIGNS AGREEMENT TO DIVEST 50 % STAKE IN HORNSEA 3 TO APOLLO
ORSTED- TOTAL VALUE OF THE TRANSACTION IS APPROX. DKK 39 BILLION, AND THE TOTAL PROJECT INVESTMENT REMAINS IN THE RANGE OF DKK 70–75 BILLION
ORSTED- APPROX. DKK 20 BILLION OF THE TOTAL TRANSACTION VALUE WILL BE PAID UPON CLOSING OF THE TRANSACTION
ORSTED- THE TRANSACTION IS EXPECTED TO CLOSE BEFORE THE END OF THE YEAR.
Source text: https://tinyurl.com/8sknstex
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