Orsted to acquire 121MW Illinois wind project of Ares Management.

Orsted, a multinational power company, agreed to acquire 121MW Illinois wind project of Ares Management, a global investment company. Financial terms were not disclosed. “We’re pleased to work with Orsted again on this latest transaction and believe that the sale of the Ford County asset underscores the strength of our relationship and Ares’ commitment to creating high-quality climate infrastructure assets,” Steve Porto, Ares Infrastructure Opportunities Partner.