CIP acquires Orsted’s European onshore wind business and launches Perigus Energy

Copenhagen Infrastructure Partners (CIP) acquired Orsted’s European onshore wind business, a transaction that led to the launch of Perigus Energy. The deal includes Orsted's 50MW Bahren West 1 wind farm in Germany, which will now be part of Perigus' portfolio. This acquisition allows Orsted to refocus on its core offshore wind markets, while CIP expands its presence in the burgeoning onshore renewables sector. The transaction was an all-Denmark deal, reflecting a strategic shift for both companies in the European energy landscape.

Counterparts (3)

Developer

Perigus Energy

company · 1 deals

Cork-based renewable energy developer and operator focused on onshore wind, solar PV, and battery storage projects across the UK, Ireland, Germany, and Spain, with 578 MW operating and a multi-GW pipeline.

Seller

Orsted

company · 3 deals

Orsted is a global leader in offshore wind, also active in onshore wind, solar PV, bioenergy, and Power-to-X. The company develops, constructs, and operates renewable energy assets primarily across Europe, North America, and Asia Pacific, with an installed capacity of 15.7 GW.

Buyer

Copenhagen Infrastructure Partners

company · 6 deals

Copenhagen-based global fund manager specializing in greenfield energy infrastructure investments with €37B AUM and 150GW pipeline across 30+ countries. Core focus on renewable power generation, energy storage, and transmission infrastructure.