Reports: Ørsted and Teesworks to ink wind farm factory deal

Stuart Stone
clock • 3 min read
Hornsea One Offshore Wind Farm / Credit: Orsted
Image:

Hornsea One Offshore Wind Farm / Credit: Orsted

UPDATE: Wind farm developer rejects claims of £100m investment in 70-acre Teeside plant to provide turbines for Hornsea 3

Wind farm developer Ørsted has dismissed reports it is to invest £100m in the construction of a new factory at Teesworks to provide turbines for the Hornsea 3 offshore wind project. Reports over the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Alok Sharma: Climate, capital, and commitment - why pension funds matter

Alok Sharma: Climate, capital, and commitment - why pension funds matter

COP26 President says the economic case for climate action is overwhelming - and pension funds can help lead the way

Lord Alok Sharma
clock 26 November 2025 • 3 min read
EdenTree to apply Sustainability Focus SDR label to remaining unlabelled funds

EdenTree to apply Sustainability Focus SDR label to remaining unlabelled funds

Move makes EdenTree only fund house with a fully labelled range

Michael Nelson, Investment Week
clock 25 November 2025 • 1 min read
British International Investment commits $150m to transition finance in Africa

British International Investment commits $150m to transition finance in Africa

UK government-owned international development investor to provide capital and assistance to help FirstRand establish new transition finance facility

Michael Holder
clock 25 November 2025 • 3 min read