Orsted divests remaining stake in London Array for $922 million

Reuters

Published Jul 24, 2023 10:11

COPENHAGEN (Reuters) - Denmark's Orsted has agreed to divest its remaining 25% stake in London Array Offshore Wind Farm in Britain to funds managed by Schroders (LON:SDR) Greencoat for 717 million pounds ($922.85 million), the energy company said in a statement on Monday.