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Ørsted takes full control of wind farm as Trump calls truce - 12 October 2026
As of October 12, today’s news features significant political developments regarding a surprise ceasefire announcement in Ukraine, continuing shifts in the energy sector, and noteworthy updates from the technology and automotive industries. Danish company Orsted has opted to buy back its remaining stake in the Gunfleet Sands offshore wind farm, ensuring its complete ownership as it assesses future options for the project, including potential lifetime extensions. This transaction, valued at 20 million dollars, reflects Orsted's ongoing commitment to renewable infrastructure in the UK…
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