Ørsted sells equity stake in four US onshore wind farms to Stonepeak
Type: Sale · Technology: Onshore Wind · Country: United States · Capacity: 957 MW · Value: $300M · Announced: 2024-03-13
Ørsted has divested an equity ownership stake in a 957 MW portfolio of four operational US onshore wind farms to Stonepeak for approximately USD 300 million, with Stonepeak receiving 80% of cash distributions while Ørsted remains operator and retains a unilateral call option.
Counterparties
- Stonepeak (Buyer)
- Ørsted A/S (Seller)
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