Announced
Financials
Tags
United States
onshore wind farms
Private Equity
Single Bidder
Renewable Energy Equipment
Acquisition
Pending
Domestic
Majority
Private
Infrastructure
Friendly
Synopsis
Stonepeak, an alternative investment firm, agreed to acquire 4 US onshore wind farms from Ørsted, a Danish power producer, for $300m. “The need for efficient infrastructure with the power to further the energy transition continues to grow, and onshore wind continues to play a major role in helping to meet that demand. Ørsted’s US onshore assets are young and have been built with trusted technology, which gives us confidence in their potential to make a meaningful and positive long-term impact on the communities they serve. We look forward to partnering closely with Ørsted on this highly contracted, geographically diverse portfolio,” Anthony Borreca, Stonepeak Senior Managing Director.
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