Remove Decarbonize Remove Divestment Remove Value Creation
article thumbnail

Schroders Acquires $610 Million Stake in UK Offshore Wind Farm From Ørsted

ESG Today

According to rsted, the transaction forms part of its farm-down programme, under which it divests ownership shares of existing operating assets in order to redeploy capital for future value-creating projects. The wind farm, located approximately 14 km off the U.K.s west coast, has been operating since 2014 and has a capacity of 389 MW.