.
MergerLinks Header Logo

New Deal


Announced

CIP to acquire a 50% stake in the Ireland offshore wind portfolio of Statkraft.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Majority

Friendly

Ireland

Cross Border

Single Bidder

Pending

offshore wind projects

Private Equity

Acquisition

Renewable Energy Equipment

Synopsis

Edit

Copenhagen Infrastructure Partners, an investment firm agreed to acquire a 50% stake in the Ireland offshore wind portfolio of Statkraft, a generator of renewable energy. Financial terms were not disclosed. “We are very pleased to be entering the Irish offshore market and look forward to developing these exciting projects together with Statkraft. In combining CIP’s industrial background and international experience within offshore wind with Statkraft’s experience of Irish renewables, the partnership will enable the provision of renewable power to Irish homes and businesses and contribute to reaching the government’s ambitious decarbonisation targets,” Nischal Agarwal, CIP Partner.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US