Published: 06 May 2022 06 May 2022
Global Infrastructure Partners (GIP) and wpd (“wpd”) have announced that they have signed definitive agreements for GIP to acquire 100% of wpd offshore GmbH (wpd offshore), the offshore wind business of wpd. The transaction is subject to customary regulatory approvals.
wpd offshore’s portfolio includes:
Post-closing, Achim Berge Olsen, current COO of wpd and responsible for its offshore wind business, will serve as CEO of the business acquired by GIP.
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