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

National Wealth Fund backs £135m funding round to reopen Cornish tin mine

National Wealth Fund backs £135m funding round to reopen Cornish tin mine

National Wealth Fund provides £41.7m cornerstone equity investment to Cornish Metals to support the reopening of the South Crofty tin mine in Cornwall

clock 22 October 2026 • 3 min read
Cornish Metals launches £135m funding round to reopen UK tin mine

Cornish Metals launches £135m funding round to reopen UK tin mine

Funds will be used to reopen 400-year-old tin mine in support of national critical minerals strategy

clock 21 October 2026 • 2 min read
FCA sustainability labels improve trust in fund claims but usage remains low

FCA sustainability labels improve trust in fund claims but usage remains low

Michael Nelsen, Investment Week
clock 20 October 2026 • 3 min read