Orsted sells Cork based European onshore business for €1.4bn - News Summed Up

Orsted sells Cork based European onshore business for €1.4bn


Danish wind farm operator Orsted has agreed to sell its Irish headquartered European onshore business to Copenhagen Infrastructure Partners (CIP) for €1.44bn, in the latest of a series of divestment deals. The European onshore business, headquartered in Cork, builds and operates wind, solar and storage projects in Ireland, the UK, Germany and Spain. Ireland will continue to serve as the European onshore headquarters following completion of the transaction. “With CIP as our new owner, we look forward to accelerating growth across our development pipeline, thereby strengthening our role in Europe’s onshore wind, solar, and battery markets. Separate to its European onshore business, Orsted continues to own and operate its onshore business in the US, which has been run as a stand-alone business unit since October 2025.


Source: Irish Independent February 03, 2026 12:08 UTC



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