![US-Offshore-wind-no6ju](https://unicorn-s3.b-cdn.net/US-Offshore-wind-no6ju.png)
In 2023, US offshore wind valuations varied notably due to two key drivers: project lifecycle stage and secured revenue streams. Here are multiples for three transactions:
💡 Total's Divestment: 44% stake in Attentive Energy, US, at $0.3 million/MW
âš¡ Orsted's May Acquisition: 50% of Lease Area OCS-A 500 at $0.3 million/MW
🌟 Orsted's January Purchase: 25% stake in Ocean Wind 1 at $0.9 million/MW
Ocean Wind 1's Advantage: Advanced in the regulatory approval process with a firm OREC contract at $116.82/MWh, at the time of the deal.
To gain a deeper insight into M&A trends at the corporate and asset level globally, request a trial of the Enerdatics Energy Transition M&A database today.
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
Click to know more about Enerdatics' Renewable Energy M&A, Finance, PPA, and Projects databases.