CLAVE 1 / 4Ørsted will acquire the remaining 49.9% stake in the 172 MW Gunfleet Sands offshore wind farm for £15 million.
CLAVE 2 / 4The wind farm, operational since 2010, powers over 125,000 UK homes annually.
CLAVE 3 / 4Full ownership allows Ørsted to assess lifetime extension and other late-life strategies for the Essex-based asset.
CLAVE 4 / 4Transaction expected to close in November, subject to customary conditions.
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