Orsted, a Giant in Offshore Wind Farms, Makes a Move in the U.S.
The New York Times | October 08, 2018
Orsted, a Danish company that is one of the world’s largest offshore wind energy developers, said on Monday that it would acquire a Rhode Island rival, Deepwater Wind, for $510 million, a sign that the United States is becoming an attractive market for offshore energy generators. Orsted has a global portfolio of projects in places including Britain, Germany, and Taiwan, as well as in Denmark. But this year, it failed to win a competitive bidding process held by Massachusetts to develop what is likely to be the largest offshore wind installation in the United States.