Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Ørsted (formerly DONG Energy) completed the divestment of a 50% stake in the Borkum Riffgrund 2 offshore wind farm to Global Infrastructure Partners (GIP), finalising the previously announced farm-down and confirming GIP as Ørsted’s 50/50 partner in the 450 MW German project. As part of the transaction, GIP arranged a rated project bond with a consortium of institutional lenders coordinated by Talanx, while Ørsted updated its 2017 EBITDA guidance to reflect the completed sale.