HomeNewsØrsted enters into collaboration with Liquid Wind in green fuels with investment in large-scale e-methanol project in Sweden

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Ørsted enters into collaboration with Liquid Wind in green fuels with investment in large-scale e-methanol project in Sweden

1/13/2022

Press Release - Ørsted   Ørsted has entered into an agreement with Liquid Wind AB to acquire a 45% ownership interest in Liquid Wind AB's e-methanol project FlagshipONE. FlagshipONE is a late-stage development project and could become the world's first large-scale e-methanol project. Liquid Wind AB plans to establish a number of facilities around Sweden to phase out fossil fuels in the shipping sector, of which FlagshipONE will be the first. Ørsted's entry into the FlagshipONE project confirms the company's strategic ambition to build a globally leading position in sustainable fuels and renewable hydrogen. In addition to FlagshipONE, Ørsted is involved in a growing group of projects in re

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