Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 10 February 2022, Ørsted completed the divestment of a 50% equity stake in the 900 MW Borkum Riffgrund 3 offshore wind farm to funds managed by Glennmont Partners, establishing a 50:50 partnership to build and operate the project. The closing followed an agreement first announced in October 2021 and did not alter Ørsted’s previously communicated 2022 financial outlook or investment level.