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Page 6 - ப்ரூக்ஃபீல்ட் புதுப்பிக்கத்தக்க ஐயர்ல்யாஂட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ørsted acquires Ireland and UK onshore wind power platform from Brookfield Renewable

Danish Today, Ørsted has entered into an agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 100 % equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The agreement is based on an enterprise valuation of BRI of EUR 571 million as of 31 December 2020. The final price will be subject to customary adjustments. With the acquisition of BRI, Ørsted enters the European onshore market. BRI, headquartered in Cork, Ireland, is a developer, owner, and operator of onshore wind farms. BRI has an attractive portfolio of 389 MW in operation and under construction, 149 MW advanced development, and more than 1 GW of development pipeline in Ireland and the UK.

Brookfield Sells Wind Business Worth €571M To Ørsted

ADVERTISEMENT ADVERTISEMENT Brookfield Sells Wind Business Worth €571M To Ørsted Law360 (April 16, 2021, 4:11 PM EDT) Ørsted 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. Ørsted 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.

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