Danish renewables giant Orsted for the first time has closed a deal to divest onshore wind and solar assets, in a move it says will help to fuel its continued growth in land-based green power.
The global offshore pacesetter will sell a 50% stake in the onshore wind farms Lincoln Land, Plum Creek, and Willow Creek, as well as the Muscle Shoals PV project, spread across four US states, for $410m to Energy Capital Partners (ECP), an energy transition-focused investor.
