A Cork headquartered wind farm operator has been acquired by a Danish company that values the firm at €571m. Ørsted has entered into an agreement with Brookfield Renewable to acquire a 100% equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The final price will be subject to customary adjustments. BRI, headquartered in Cork, is a developer, owner, and operator of onshore wind farms with a portfolio of 389MW in operation and under construction, 149MW advanced development, and more than 1GW of development pipeline in Ireland and the UK.
Irish Examiner 16th April 2021 read more »