Danish energy group Orsted has completed the its $510m acquisition of 100% of equity interest in US offshore wind pioneer Deepwater Wind upon approval by US competition authorities.

Orsted said the completion of the acquisition does not change its previous financial guidance for the financial year of 2018 or the announced expected investment level for 2018.

The utility last week had raised its full-year guidance for earnings before interest, taxes, depreciation and amortisation (Ebitda) for the full year, excluding new partnerships, by DKr500m ($77m) to DKr13-14bn.