CFIUS Clears Deal Involving Denmark, US Energy Companies
The Committee on Foreign Investment in the U.S. cleared a deal for Denmark-based energy company Orsted A/S to purchase land in Massachusetts from Eversource Energy, a U.S.-based electric services company, Squire Patton said in a September client alert. The CFIUS…
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clearance was announced by the parties earlier this month, making the $625 million deal official. The land will be used for “wind development.”