What is Ørsted considering selling, and why?

Ørsted is exploring the sale of its US onshore renewables assets—including onshore wind, solar, and battery storage—as part of a strategic pivot back to its core business of offshore wind in Europe. This move follows a costly and troubled decade-long expansion into the US market, which led to losses and canceled projects, prompting a broader refocusing on its European offshore wind operations.

How much are Ørsted's US renewable assets potentially worth, and what is the current status of the sale process?

The US onshore renewables assets Ørsted is considering selling could fetch more than $1 billion. However, deliberations are at an early stage, and there is no certainty that the process will result in a deal; Ørsted has declined to comment on the matter.

Orsted Considers Selling US Renewable Assets Worth More Than $1 Billion

May 22, 2026

Orsted is exploring the sale of its US onshore renewable assets worth over $1 billion to pivot back to European offshore wind operations after facing losses in the US market.

bloomberg

2026-05-22

Orsted Considers Selling US Renewable Assets Worth More Than $1 Billion

Orsted Considers Selling US Renewable Assets Worth More Than $1 Billion

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