Ørsted sells its onshore wind power business in Europe to a fund for 1,44 billion euros

The Danish group had indicated in the summer of 2025 that it wanted to divest itself of this activity in order to concentrate on offshore wind power and improve its finances, which have been tested by the Trump administration's hostility towards wind power.

"With the sale of its European land-based business, Ørsted has signed transactions totaling around 46 billion Danish kroner (6,1 billion euros) between 2025 and 2026, thus achieving the company's target of more than 35 billion Danish kroner for this period," the group wrote in its statement.

Thanks to these inflows of funds, Orsted says it is giving itself the means to participate in upcoming tenders for offshore wind capacity in Europe.

Ørsted's European onshore operations are present in Ireland, the United Kingdom, Germany, and Spain, and cover onshore wind, solar, and battery storage projects. They represent an operational capacity of 578 MW, 248 MW under construction, and projects in development.

Founded in 2012, Copenhagen Infrastructure Partners claims to be the largest fund manager dedicated to renewable energy investments.

This group carries out projects in more than 30 countries and has more than 2.300 employees.