Ørsted Secures $6.5bn Investment from Apollo for Hornsea 3
Apollo Infrastructure is investing $6.5bn to gain a 50% stake in Ørsted's Hornsea 3 UK offshore wind farm project.
The joint venture with Ørsted will help fund the project in the North Sea. Ørsted will continue to construct the wind farm and provide long-term operations and maintenance services.
- Location: 160km off the Yorkshire coast in Northern England
- Capacity: 2.9GW
- Expected output: enough electricity to power over 3m UK homes
Apollo is investing $6.5bn to become a 50% shareholder in Ørsted’s Hornsea 3 UK offshore wind farm project.
Author's summary: Ørsted partners with Apollo to co-fund Hornsea 3 offshore wind farm.
More News
- What Home Depot’s ‘viral’ 12-foot skeleton says about creativity
- LIST: Races to watch on Election Day 2025
- Tom Cullen: “Why are men so angry?”
- ‘Ruth E. Carter: Afrofuturism in Costume Design’ exhibit on display at AAMP
- Active storm track in Ontario, with wind, rain and even snow - The Weather Network
- What 50 years of buried data tell us about Canada’s mining oversight
- Hellenic Post CEO resigns following pressure by ruling party MPs
- Surrey County Council develops the first-ever EHCP Apprenticeship for staff to meet rising SEND demand
- FL1 ELECTION CENTER 2025