Orsted Completes 50 Percent Divestment of Gode Wind 3

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Ørsted has completed its 50% divestment of the Gode Wind 3 offshore farm to funds managed by Glennmont Partners from Nuveen.

Gode Wind 3, in the German North Sea, has a capacity of 253 MW and was awarded to Ørsted in 2017 and 2018 as two separate projects with a weighted average feed-in tariff of EUR 81 per MWh.

Gode Wind 3 is currently under construction alongside the Borkum Riffgrund 3 wind farm, where Ørsted and Glennmont are already 50/50 owners. 


Glennmont also co-owns Ørsted’s Gode Wind 1 wind farm.

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