Ørsted: sale of European onshore activities to Copenhagen Infrastructure Partners for €1.44bn

Ørsted announces it has sold its European onshore wind, solar and battery storage business to Copenhagen Infrastructure Partners (CIP) for €1.44 Bn: the agreement was signed by the Danish industrial and the asset management company on 03/02/2026.

Ørsted's European onshore business has operations in Ireland, the UK, Germany and Spain. It comprises 578 MW of operational assets, 248 MW under construction and a portfolio of projects under development.

The transaction will be completed in Q2 2026, subject to regulatory approvals.

" With the sale of 50% of Hornsea 3 and the agreement to sell 55% of Changhua 2, Ørsted has now completed the three key transactions previously announced. The Group has thus completed its divestment programme as planned and strengthened its financial position", said Ørsted.
The Danish group had set itself the target of completing transactions representing more than DKK 35bn (€4.69bn) in proceeds over the period 2025-2026. This target has been exceeded, as Ørsted has signed deals worth around DKK 46bn (€6.16bn) with the sale of its European onshore business.

…