REG-Ørsted A/S Ørsted takes final investment decision on 201 MW onshore wind project Sunflower Wind in Kansas, US

Oersted A/SAnnouncement

28/04/2022 15:30

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   Ørsted A/S (Orsted)
   Ørsted takes final investment decision on 201 MW onshore wind project
   Sunflower Wind in Kansas, US

   28-Apr-2022 / 16:29 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   28.4.2022 16:29:19 CEST | Ørsted A/S | Investor News

   Ørsted's Board of Directors has taken final investment decision (FID) on
   onshore wind farm Sunflower Wind in Kansas. The 201 MW wind farm will be
   located in Marion County, mid-Kansas, and will become Ørsted's fourth
   onshore wind farm in the Southwest Power Pool (SPP) energy market.

   The project was acquired together with Lincoln Land Wind last year. Since
   the acquisition, critical development activities have been completed, and
   the project has been optimised to deliver a strong business case.
   Sunflower Wind will bring Ørsted's capacity in the SPP energy market to
   832 MW, which is enough to power almost 270,000 US homes.

   Neil O'Donovan, CEO of Ørsted Onshore, says: 'I'm pleased that we're
   continuing to bring projects in the SPP market to FID. Sunflower Wind will
   be able to provide green energy to more than 68,000 homes, and we're
   excited to continue the construction of the project, which we expect to
   reach commercial operation in the second half of 2023. We look forward to
   continuing the good cooperation with the local community in and around
   Marion County.'

   Ørsted's onshore business currently has over 4,200 MW in operation and
   under construction across the US, with an ambition of reaching 17.5 GW
   globally in 2030.

   For further information, please contact:
   Media Relations
   Kathrine Ejlskov
   + 45 99 55 10 23
    1 katej@orsted.com

   Investor Relations
   Rasmus Keglberg Hærvig
   + 45 99 55 90 95
    2 ir@orsted.com

   About Ørsted
   The Ørsted vision is a world that runs entirely on green energy. Ørsted
   develops, constructs, and operates offshore and onshore wind farms, solar
   farms, energy storage facilities, renewable hydrogen and green fuels
   facilities, and bioenergy plants. Moreover, Ørsted provides energy
   products to its customers. Ørsted is the only energy company in the world
   with a science-based net-zero emissions target as validated by the Science
   Based Targets initiative (SBTi). Ørsted ranks as the world's most
   sustainable energy company in Corporate Knights' 2022 index of the Global
   100 most sustainable corporations in the world and is recognised on the
   CDP Climate Change A List as a global leader on climate action.
   Headquartered in Denmark, Ørsted employs 6,836 people. Ørsted's shares are
   listed on Nasdaq Copenhagen (Orsted). In 2021, the group's revenue was DKK
   77.7 billion (EUR 10.4 billion). Visit  3 orsted.com or follow us on
   Facebook, LinkedIn, Instagram, and Twitter.

       Attachments

     •  4 Ørsted takes final investment decision on 201 MW onshore wind
       project Sunflower Wind in Kansas, US.pdf
     •  5 Sunflower Wind map.jpg

   News Source: Ritzau

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   ISIN:          DK0060094928
   Category Code: MSCM
   TIDM:          Orsted
   Sequence No.:  158421
   EQS News ID:   1338919


    
   End of Announcement EQS News Service

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References

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