Denmark’s Ørsted A/S (CPH:ORSTED) will buy back the 25% equity stake in the 1.1-GW Ocean Wind 1 project off New Jersey’s southern coast from Public Service Enterprise Group Inc (NYSE:PEG) nearly two years after <a href="https://renewablesnow.com/news/rsted-closes-25-stake-sale-in-11-gw-ocean-wind-project-to-pseg-737715/" target="_blank">closing the stake sale</a> to the US energy holding.