Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
In 2012, Danish investors KIRKBI A/S and William Demant Invest A/S acquired a combined 50% equity stake in the 312 MW Borkum Riffgrund 1 offshore wind farm, with respective holdings of 31.5% and 18.5%, while Ørsted retained the remaining 50%. This established the long-term joint venture ownership structure that remained in place until the subsequent sale of their shareholding to Greencoat Renewables.