Ørsted enters European onshore market with deal insidermedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermedia.com Daily Mail and Mail on Sunday newspapers.
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Brookfield Sells Wind Business Worth €571M To Orsted
Law360 (April 16, 2021, 4:11 PM EDT) Orsted said Friday it is buying the Ireland and United Kingdom onshore wind business of a Brookfield Asset Management Inc. unit valued at €571 million (about $684 million), in a deal bringing the Danish energy company into the onshore renewable energy sector in Europe.
Orsted A/S said in a statement its deal for Brookfield Renewable Ireland, or BRI, gives it a portfolio of 389 megawatts in operation and under construction, 149 MW in advanced development and a pipeline of 1 gigawatt of wind power under development in the two countries.
Orsted makes European onshore move renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.
Ørsted makes European onshore wind return with Brookfield deal
The Danish developer has agreed to acquire 100% of Brookfield Renewable s UK and Irish onshore wind portfolio
by Craig Richard
Ørsted CEO Mads Nipper expects the European onshore wind market to grow significantly in the coming years
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