EnergyWatch

Ørsted closes acquisition, officially enters onshore market

The utility's acquisition of onshore wind business in the UK and Ireland is now complete. The company mulls additional expansion in Europe and Asia, although its main focus is to build upon its surprising success.

Galway Wind Farm isn't part of the portfolio, but it is Irish. | Photo: Coillte

Ørsted's acquisition of Brookfield Renewable's onshore wind business in Ireland and the UK, Brookfield Renewable Ireland (BRI), is now complete, the utility announces on Wednesday.

"With the acquisition completed, we officially enter the European onshore market. We welcome a BRI team with strong technical capabilities and a business culture very complementary to our own and look forward to growing the portfolio together," says Ørsted Onshore CEO Declan Flanagan.

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