The Anonymous Widower

Ørsted Completes 50% Stake Sale In Hornsea 2 To French Team

The title of this post, is the same as that of this article on Renewables Now.

This sale was outlined in this press release from Ørsted in March, where this is the first paragraph.

Ørsted has signed an agreement to divest a 50 % ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.

Insurance companies must like wind power, as Aviva backed Hornsea 1 wind farm. I wrote about this in World’s Largest Wind Farm Attracts Huge Backing From Insurance Giant.

It looks like the French feel the same way as Aviva about Ørsted’s Hornsea wind farms.

There is no safer mattress in which to stash your cash.

October 1, 2022 - Posted by AnonW | Energy, Finance | Aviva, Ørsted, Hornsea Wind Farm, Insurance, Offshore Wind Power, Wind Power