COPENHAGEN, Dec 18 (Reuters) - Denmark's Orsted (ORSTED.CO) , opens new tab said on Wednesday it would divest a 50% equity stake in three U.S. onshore projects to Energy Capital Partners for $572 million.

The farm-downs include two solar farms in Texas, knpwn as Mockingbird Solar and Sparta Solar, as well as Eleven Mile Solar Center, a battery storage project in Arizona, Orsted said in a statement.

The company will retain a 50% equity ownership interest in the three projects and will continue to operate the projects over their lifespan, it added.

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https://www.reuters.com/business/energy/orsted-divests-50-stake-three-us-onshore-projects-572-mln-2024-12-18/