Cork windfarm operator to be acquired by Danish firm for €571m

Brookfield Renewable Ireland has a portfolio of 389MW in operation and under construction

Garracummer Windfarm. Hollyford, Co. Tipperary. Picture: Brookfield Renewables

A Cork headquartered wind farm operator has been acquired by a Danish company that values the firm at €571m.

Ørsted has entered into an agreement with Brookfield Renewable to acquire a 100% equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The final price will be subject to customary adjustments.