Apollo Funds Commit $6.5 Billion to Ørsted’s Hornsea 3 in the UK
16 Articles
16 Articles
Energy company Ørsted has today entered into an agreement to transfer 50 percent of the ownership stake in the Hornsea 3 offshore wind farm, located off the coast of Great Britain.
The agreement between Ørsted and Apollo Global Management is worth approximately DKK 39 billion.
Apollo’s $6.5B Deal Secures Half Stake in World’s Largest Wind Project
In a sweeping move to anchor itself in the global renewable energy market, Apollo Global Management announced a $6.5 billion investment for a 50% stake in Hornsea 3, the world’s largest offshore wind project, owned by Danish energy titan Ørsted AS. The colossal wind farm—nestled in the North Sea off England’s east coast—marks a milestone partnership between U.S. private capital and European clean energy ambitions. Apollo said its infrastructure …
Coverage Details
Bias Distribution
- 60% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium







