Overview
- Copenhagen Infrastructure Partners, via its CI V fund, agreed to acquire Ørsted’s entire European onshore wind, solar and battery storage business.
- The portfolio includes 578 MW in operation, 248 MW under construction, and a multi‑gigawatt development pipeline across Ireland, the UK, Germany and Spain.
- Closing is expected in the second quarter of 2026, subject to regulatory approvals.
- The acquired platform will operate as a stand‑alone company under a new name, with Cork remaining its European onshore headquarters after completion.
- Ørsted says the divestment finalizes its 2025–2026 asset sales and strengthens its finances, with reported proceeds across the period totaling about $7.3 billion.