Ørsted US onshore wind portfolio — Ford Ridge (IL), Helena Wind & Western Trail Wind (TX), Sunflower Wind (KS) — 957 MW
Stonepeak acquires 80% cash distributions from four operating onshore wind farms. Ørsted retains operational control and a unilateral call option. Portfolio fully contracted with PPAs in place. Total proceeds including prior tax equity of ~$1B. Investment via Stonepeak Global Renewables Fund ($2.75B).
$300M
Deal Value
957MW
Capacity
Wind
Technology
TX, IL, KS
Location
Deal Details
- Deal Type
- Project
- Seller / Sponsor
- Ørsted
- Buyer / Financier
- Stonepeak
- Deal Value
- $300M
- Stage
- Operating
- ISO/RTO
- ERCOT, MISO, SPP
- Source
- Ørsted
Service Providers
Advisory & Legal
- Buyer Counsel
- Vinson & Elkins
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