Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 17 October 2023, Ørsted signed an agreement to divest a 50% ownership stake in the 253 MW Gode Wind 3 offshore wind farm in Germany to funds managed by Glennmont Partners from Nuveen, creating a 50/50 partnership on the project. The transaction, valued at EUR 473 million, covers both the acquisition price for the 50% equity interest and Glennmont’s commitment to finance 50% of Gode Wind 3’s construction, with completion subject to regulatory approvals.