Orsted sells 50% of British wind farm to French consortium

COPENHAGEN – Denmark’s Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world’s biggest offshore wind farm, to a French consortium for 3 billion pounds ($3.94 billion).

The French consortium comprises AXA IM Alts, a unit of France’s biggest insurer AXA, and Credit Agricole Assurances, it said.

($1 = 0.7608 pounds)

(Reporting by Stine Jacobsen; Editing by Edmund Blair)