Orsted – Ørsted divests 24.5% stake in West of Duddon Sands Offshore Wind Farm to funds managed by Schroders Greencoat

Ørsted has completed a farm-down for a 24.5% stake in West of Duddon Sands Offshore Wind Farm to funds managed by Schroders Greencoat.

The value of the transaction is GBP 456.1 million (approx. DKK 4 billion) on a debt-free basis. The transaction closed on 30 April 2025.

Located approximately 14 km off the UK west coast, West of Duddon Sands has been operating since 2014 and has a capacity of 389 MW.

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