Further to our company announcement issued 1 November 2017, Ørsted has today completed the divestment of 50% of the Walney Extension offshore wind farm to PKA and PFA. The acquisition price will be paid in 2017, and the EPC contract payments during 2017 and 2018.
The information in this announcement does not change Ørsted's financial guidance for the financial year 2017 or the announced expected investment level for 2017.
About Walney Extension
- The offshore wind farm will have a total capacity of 659MW – enough to power more than 500,000 UK homes.
- The offshore wind farm will consist of a total of 87 wind turbines with performance enhancing features: 40 MHI Vestas V164-8.0MW turbines and 47 Siemens Gamesa SWT-7.0 MW-154 turbines.
- The wind farm will be located in the Irish Sea approximately 19km from the Walney Island coast in Cumbria and cover an area of 145km2
- Walney Extension is expected to be fully commissioned in second half of 2018.
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