Orsted completed the acquisition of the portfolio of Irish solar farm development sites from Tarra Solar and Element Investments.

Orsted, a provider of utility services, completed the acquisition of the portfolio of Irish solar farm development sites from Terra Solar, a developer and operator of solar farms on the island of Ireland, and Element Investments, a holding company focused on investing in renewable energy sources. Financial terms were not disclosed. “We are delighted to extend our existing collaboration with Terra Solar on the development of these projects which will contribute to Ørsted’s global goal of 17.5 GW of onshore renewables by 2030," TJ Hunter, Ørsted Senior Director.