10 Aug '18, 2pm

Ørsted to buy Lincoln Clean Energy for $580mn - Energy Digital - Energy News, Magazine and Website https://t.co/RESBzBT06g

Ørsted to buy Lincoln Clean Energy for $580mn - Energy Digital - Energy News, Magazine and Website https://t.co/RESBzBT06g

Regarding the Lincoln Clean Energy purchase, Ørsted CEO Henrik Poulsen said: “The global market for onshore wind power is expected to grow significantly in the coming years and the US is a leading onshore wind market. The acquisition of Lincoln Clean Energy will provide a strong growth platform in the US, which is one of Ørsted’s strategic growth markets. It is an investment case with healthy economics based on prudent assumptions about key value drivers and market developments.”

Full article: https://www.energydigital.com/renewable-energy/orsted-buy...

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