Copenhagen Infrastructure Partners Acquires Ørsted's European Onshore Business

Copenhagen Infrastructure Partners (CIP) has announced the acquisition of Ørsted's European onshore business, encompassing over 800 MW of operational and under-construction assets, alongside a multi-gigawatt development pipeline spanning Ireland, the UK, Germany, and Spain. This acquisition represents a strategic move for CIP, allowing them to significantly expand their renewable energy footprint across Europe and accelerate the deployment of onshore wind, solar, and storage projects. The deal is financed through CIP's fifth flagship fund, CI V, demonstrating their commitment to investing in green energy infrastructure. This transaction is notable due to the involvement of two major players in the renewable energy sector. Ørsted, a leading renewable energy developer focused on offshore wind, onshore wind, and solar PV, is divesting its European onshore business, potentially to focus on other strategic priorities. CIP, a prominent fund management company specializing in energy infrastructure investments, is acquiring a substantial portfolio of assets and development opportunities. The acquisition underscores the ongoing consolidation and investment activity within the European renewable energy market, driven by the increasing demand for clean energy sources and the transition towards a low-carbon economy.