Regulation

Orsted wins commission backing in UK wind farm double-tax dispute

A commission ruling supports Orsted's position that its UK offshore wind assets will not face double taxation under British law.

By · drafted with the Vantage newsroom system, approved before publication

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A commission has issued a final opinion backing Orsted's position that its British wind farms should not be subject to double taxation under UK law, per Reuters and Renews.biz reporting. Orsted, headquartered in Denmark, said it was satisfied with the outcome. The case centres on how UK tax rules apply to revenues from offshore wind assets held by non-UK parent entities.

The ruling matters beyond Orsted. Several European developers hold UK offshore wind capacity through cross-border structures, and the tax treatment of those revenues has been a live uncertainty. A commission opinion favouring single-jurisdiction taxation reduces that risk for the sector, though the opinion's binding force and any legislative follow-through were not detailed in the available reports.

Separately, EEX published updated EU ETS2 admission information, an FAQ, and an intermediary overview, as the bloc continues operational preparation for the expanded emissions trading scheme.

Photo by Artur Roman on Pexels.

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