Most recently, the company has applied for permission to build an 800ac solar farm in Killeagh, Cork, if approved is set to be one of Ireland’s largest.
The transaction is part of Ørsted’s strategic plan of refocusing on offshore wind in its core European markets, and is part of a planned divestment programme of its onshore projects.
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Renewables-giant Ørsted is set to sell its European onshore renewable energy business to Copenhagen Infrastructure Partners in a €1.4bn deal.
The Cork-headquartered unit develops and operates wind, solar and storage projects across Ireland, the UK, Germany and Spain and will become a standalone company under a new name.
The company has a strong Irish footprint, with a 373MW portfolio of operational onshore wind farms and 178 MW of active construction projects across the island, spanning onshore wind, solar and battery storage.
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Most recently, the company has applied for permission to build an 800ac solar farm in Killeagh, Cork.
If approved, it is set to be one of Ireland’s largest solar farms. Ørsted said its staff, assets and project pipeline in Ireland will be unaffected.
The transaction is part of Ørsted’s strategic plan of refocusing on offshore wind in its core European markets, and is part of a planned divestment programme of its onshore projects.
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Title: Irish wind and solar farms sold in €1.4bn deal
Most recently, the company has applied for permission to build an 800ac solar farm in Killeagh, Cork, if approved is set to be one of Ireland’s largest.
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Renewables-giant Ørsted is set to sell its European onshore renewable energy business to Copenhagen Infrastructure Partners in a €1.4bn deal.
The Cork-headquartered unit develops and operates wind, solar and storage projects across Ireland, the UK, Germany and Spain and will become a standalone company under a new name.
The company has a strong Irish footprint, with a 373MW portfolio of operational onshore wind farms and 178 MW of active construction projects across the island, spanning onshore wind, solar and battery storage.
Most recently, the company has applied for permission to build an 800ac solar farm in Killeagh, Cork.
If approved, it is set to be one of Ireland’s largest solar farms. Ørsted said its staff, assets and project pipeline in Ireland will be unaffected.
The transaction is part of Ørsted’s strategic plan of refocusing on offshore wind in its core European markets, and is part of a planned divestment programme of its onshore projects.
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