EnergyWatch

Analyst: Half sale of Hornsea 1 fetched attractive price

The lack of well-performing assets suitable for long-term investments heighten demand for Ørsted's offshore wind farms, Sydbank evaluates.

Photo: Ørsted PR

Ørsted fetched a really nice price from selling half of Hornsea 1 – a sale it had announced earlier this year.

The buyer is Global Infrastructure Partners, which is paying GBP 4.46 billion (EUR 5.02 billion) for it stake – a higher price Sydbank equity analyst Morten Imsgaard had expected. He had projected a figure of approximately EUR 4.2 billion for the half share.

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