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Hornsea 4 Project

Sector: Wind • Location: United Kingdom

Source: GreentechLead

Project
Cancelled

Orsted has decided to discontinue the development of the Hornsea 4 project in the UK due to escalating supply chain costs, higher interest rates, and increased execution risks. Despite this setback, Orsted retains key project rights and will explore future development opportunities under more favorable conditions.

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Project Information

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The project “Hornsea 4 Project” is an infrastructure initiative in the Wind sector, located in United Kingdom. Taiyo aggregates data on it from GreentechLead.

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Participants

Sponsoring Agency

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Company

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Status

Original status

Cancelled

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Email

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Address

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Description

Description

Orsted has decided to discontinue the development of the Hornsea 4 project in the UK due to escalating supply chain costs, higher interest rates, and increased execution risks. Despite this setback, Orsted retains key project rights and will explore future development opportunities under more favorable conditions.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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