Ørsted and PGGM acquire remaining 50% of Borkum Riffgrund 3 offshore wind farm
900 MW
Capacity
Ørsted and PGGM have acquired the remaining 50% stake in the Borkum Riffgrund 3 offshore wind farm from Global Infrastructure Partners.
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Counterparts (2)
Buyer
PGGM
PGGM is a Dutch cooperative pension fund service provider. They invest in infrastructure assets globally, focusing on long-term, sustainable investments that generate stable returns for their pension fund clients.
Ørsted
Ørsted is a Danish multinational power company, a global leader in offshore wind power, and a significant developer, owner, and operator of onshore wind, solar PV, battery storage, and power-to-X facilities. Its strategy focuses on accelerating the green energy transition by developing, constructing, and operating large-scale renewable energy assets globally, often through partnerships and capital recycling.
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Announced
Nov 28, 2025
Signed
Closed
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