Ørsted Divests Share of Four US Onshore Wind Farms to Stonepeak

NEW YORK–(BUSINESS WIRE)–Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby Ørsted will divest to Stonepeak an equity ownership stake in a portfolio consisting of four US onshore wind farms with a total capacity of 957 MW. In continuation of Ørsted’s farm-down programme, this transaction represents the company’s first partnership with Stonepeak and the second major farm-down of multiple assets in the US

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