Ørsted to buy remaining 49.9% of Gunfleet Sands 1 & 2 offshore wind farm for GBP 15 million

Bitget2026/10/12 08:01

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Ørsted exercised a buyback right to acquire the remaining 49.9% of the Gunfleet Sands 1 & 2 offshore wind farm.
Total consideration set at approximately GBP 15 million for full control of the 172 MW UK asset.
Transaction expected to close in November, subject to customary closing conditions.
Full ownership targets greater operational flexibility, including assessment of late-life options such as a potential lifetime extension.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ørsted A/S published the original content used to generate this news brief via EQS News (Ref. ID: UK-Regulatory_2413858_en) on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ørsted to buy remaining 49.9% of Gunfleet Sands 1 & 2 offshore wind farm for GBP 15 million

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