Ørsted acquires Brookfield’s onshore wind power platform

Ørsted has entered into an agreement with Brookfield Renewable to acquire a 100 per cent equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). With this transaction, Ørsted will enter the European onshore wind market. The transaction is expected to close by the second quarter of 2021 and BRI’s existing management team will continue to run the business, which will be integrated into Ørsted’s onshore business unit over time.

GET ACCESS TO OUR ARTICLES

Enter your email address