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Orsted A/S (ORSTED.CO)

ORSTED.CO on Copenhagen Stock Exchange

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Thu, Aug 9 2018

Danish energy group Orsted buys U.S onshore wind developer

COPENHAGEN Danish energy group Orsted has agreed to buy U.S. onshore wind farm developer Lincoln Clean Energy (LCE) in a $580 million deal, aiming to gain a foothold in what it sees as a key growth market.

UPDATE 2-Danish energy group Orsted buys U.S onshore wind developer

* Q2 EBITDA 3.1 billion Danish crowns versus f'cast 3.13 billion

Orsted says to buy U.S wind farm developer, posts in-line Q2 core profit

COPENHAGEN, Aug 9 Danish offshore wind farm developer Orsted said on Thursday it would buy U.S. wind farm developer Lincoln Clean Energy in a deal placing an enterprise valuation of $580 million on the U.S. firm.

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