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Ørsted to Sell European Onshore Business for $1.7 Billion

Ørsted is selling its entire European onshore renewables business for $1.7 billion to strengthen its balance sheet after a turbulent period for the offshore wind sector.

Ørsted, the world’s largest offshore wind developer, is selling its entire European onshore business as the embattled firm looks to strengthen its balance sheet after a major rights issue last year.
Ørsted on Tuesday said it had signed a deal with Co… [2171 chars]

Source: OilPrice | Published: 2026-02-03T12:00:00Z

Credit: OilPrice

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