The acquisition marks a significant milestone for its fifth flagship fund, CI V, managed by Copenhagen Infrastructure Partners, as it further strengthens its European portfolio and its position as a leading fund within energy infrastructure and onshore renewables
Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, Copenhagen Infrastructure V (CI V), has agreed to acquire Ørsted’s European onshore business with over 800 MW in operation and under construction plus a multi‑gigawatt development pipeline across Ireland, the UK, Germany and Spain.
The acquisition adds a fully integrated, multi-technology onshore business to CI V, which will allow CIP to accelerate renewable energy deployment across Europe. The acquired development and operational capabilities – combined with CIP’s investment discipline and industrial expertise, create a compelling opportunity for a significant build out and long-term value creation.
Mads Skovgaard-Andersen, CIO and Partner in Copenhagen Infrastructure Partners, says:
“With this significant acquisition across multiple markets and technologies, we further strengthen our presence in Europe. The combined onshore wind, solar, and BESS portfolio complements our existing project portfolio and gives us the scale to further accelerate the deployment of renewable energy and strengthen Europe’s energy independence while delivering strong, risk-adjusted returns to our investors.”
Nischal Agarwal, Partner in Copenhagen Infrastructure Partners, says:
“This is a great opportunity for CI V to acquire a sizeable portfolio and pipeline of projects across technologies in Europe’s most attractive markets with very strong demand growth. Along with a trusted team with a track record of delivering and operating projects, we are well positioned to further develop, manage, and realise the full value potential of the platform.”
Trond Westlie, CFO of Ørsted, says:
“Ørsted’s European onshore business has developed a very solid pipeline and project portfolio, and I’m very satisfied that we’ve found a new owner of that business in CIP, as we’ve decided to concentrate our efforts on offshore wind in our core European markets. The divestment of our European onshore platform finalises the divestment programme that we’ve laid out, and we’ve now substantially strengthened Ørsted’s financial position.”
Following closing, the onshore business will operate as a stand-alone business with a new company name and brand.
CI V reached final close in March 2025 and exceeded the target of USD 14 billion (EUR 12 billion). The fund invests in energy infrastructure across a range of power generation technologies in North America, Europe, and Asia Pacific, and has a total potential commitment of approximately USD 27 billion (EUR 24 billion).
Notes for Editors
The transaction includes Ørsted’s full European onshore portfolio of onshore wind, solar and BESS projects in Ireland, the UK, Germany, and Spain. It comprises 578 MW in operational capacity, 248 MW under construction, and a multi‑gigawatt development pipeline. Closing is expected in Q2 2026, subject to regulatory approvals.
