Orsted cancels £4bn in supply chain contracts for 2.6GW UK offshore wind, DESNZ firm on delivery

Maya Chavvakula
7 May, 2025

Offshore WindBreakingPolicy & RegulationRiskFinancing
Danish developer Orsted confirmed that it has cancelled supply chain contract worth around £4 billion and shelved its 2.6GW Hornsea 4 offshore wind farm in UK waters, citing “unsustainable” delivery costs.

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