Hexicon AB completed the sale of the TwinHub floating wind project in the UK after the UK government terminated its Contract for Difference (CfD) for the 32 MW project. The termination occurred following delays and regulatory challenges, prompting Hexicon to divest the asset. TwinHub was originally designed as the UK’s first floating wind CfD project, located off the coast of South Wales. The project’s sale follows Hexicon’s strategic shift away from UK floating wind development amid market uncertainties. No financial terms of the transaction were disclosed in the announcement.