Further to our company announcement issued on 16 April 2021, Ørsted has completed the acquisition of a 100 % equity interest in Brookfield Renewable’s.
Orsted has completed the acquisition of Brookfield Renewables onshore wind business in Ireland and the United Kingdom, Brookfield Renewable Ireland (BRI).
Headquartered in Cork, Ireland, BRI has a portfolio of 389MW in operation and under construction, 149MW at a mature stage of development and projects of more than 1GW in the development phase in Ireland and the UK.
Orsted s chief executive for onshore business Declan Flanagan said: With this purchase, we are officially entering the European onshore wind market. We welcome a BRI team with strong technical competencies and a business culture that complements our own, and we look forward to expanding our portfolio together.