Ørsted divests share of four US onshore wind farms to Stonepeak - Seite 2
Anthony Borreca, Senior Managing Director at Stonepeak, said: “The need for efficient infrastructure with the power to further the energy transition continues to grow, and onshore wind continues to play a major role in helping to meet that demand. Ørsted’s US onshore assets are young and have been built with trusted technology, which gives us confidence in their potential to make a meaningful and positive long-term impact on the communities they serve. We look forward to partnering closely with Ørsted on this highly contracted, geographically diverse portfolio.”
Facts about the portfolio
- The portfolio consists of four wind farms across three states: The Ford Ridge Wind project in Illinois, the Helena Wind and Western Trail Wind projects in Texas, and the Sunflower Wind project in Kansas.
- The deal represents a total capacity of 957 MW across three different markets: the Electric Reliability Council of Texas (ERCOT), Midcontinent Independent System Operator (MISO), and Southwest Power Pool (SPP).
- The projects are all currently operational and have power purchase agreements in place for all or parts of the production capacity.
- Ørsted will be the managing member of the partnership and will continue to provide asset management services to the projects.
Ørsted currently has a portfolio of nearly 6 GW of onshore wind, solar, and battery storage projects in operation and under construction across the US.
For further information, please contact:
Ørsted Global Media Relations
Tom Christiansen
+45 99 55 60 17
tomlc@orsted.com
Ørsted Investor Relations
Rasmus Keglberg Hærvig
+45 99 55 90 95
IR@orsted.com
Stonepeak
Kate Beers and Maya Brounstein
+1 (646) 540-5225.
corporatecomms@stonepeak.com
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About Ørsted
The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable
hydrogen and green fuels facilities, and bioenergy plants. Ørsted is recognised on the CDP Climate Change A List as a global leader on climate action and was the first energy company in the world
to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi). Headquartered in Denmark, Ørsted employs approximately 8,900 people. Ørsted's shares
are listed on Nasdaq Copenhagen (Orsted). In 2023, the group's revenue was DKK 79.3 billion (EUR 10.6 billion). Visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and X.