Ørsted Divests European Onshore Wind, Solar and BESS Platform to CIP for EUR 1.44 Billion
Ørsted has signed an agreement with Copenhagen Infrastructure Partners to divest its entire European onshore renewables business for EUR 1.44 billion. The transaction covers onshore wind, solar PV and battery storage assets across Ireland, the UK, Germany and Spain, with closing expected in Q2 2026.
Transaction date: · Source: orsted.com
Key facts
- Transaction date
- Technology
- Onshore Wind, Solar PV, Battery Storage (BESS)
- Capacity
- 578 MW
- Transaction price
- 1,440 million (currency as reported in the source)
- Seller
- Ørsted
- Country
- Ireland, United Kingdom, Germany, Spain
- Region
- Multiple European markets
- Location
- Multiple onshore wind, solar and battery storage sites across Ireland, the UK, Germany and Spain
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
The divested platform includes a diversified European onshore portfolio spanning onshore wind, solar PV and battery energy storage systems. It comprises 578 MW of operational capacity, 248 MW currently under construction, and a sizeable development pipeline across multiple European markets.
Additional information
Ørsted has signed an agreement with Copenhagen Infrastructure Partners, through Copenhagen Infrastructure V, to divest its entire European onshore business for a total transaction value of EUR 1.44 billion. The transaction is expected to close in Q2 2026, subject to regulatory approvals. The divestment finalises Ørsted’s previously announced divestment programme and supports its strategic refocus on offshore wind in core European markets. CIP strengthens its European footprint with a multi-technology renewables platform across several countries.
Source
Original announcement: https://orsted.com/en/media/news/2026/02/orsted-signs-agreement-with-cip-to-divest-its-euro-1477764911