Ørsted secures $6.5bn from Apollo to co-fund Hornsea 3 offshore wind farm

Ørsted Secures $6.5bn Investment from Apollo

Apollo Infrastructure is investing $6.5bn to gain a 50% stake in Ørsted's Hornsea 3 UK offshore wind farm project.

The investment will help fund the project in the North Sea in a joint venture with energy firm Ørsted.

Ørsted will continue to construct the wind farm and provide long-term operations and maintenance services.

Apollo's investment marks a significant milestone in the development of the Hornsea 3 project.

Author's summary: Ørsted secures $6.5bn from Apollo for wind farm.

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