Orsted halts giant Hornsea 4 UK offshore wind project

Danish developer cites higher costs and interest rates as well as risks for construction and operation

Orsted CEO Rasmus Errboe
Orsted CEO Rasmus ErrboePhoto: WindEurope/Gregory De Leeuw
Published 7 May 2025, 06:21Updated 7 May 2025, 09:01
EuropeUK