Bremen, Germany And New York, 6 Might 2022 /CNW/ — World Infrastructure Companions (“GIP”), a number one impartial infrastructure investor, and wpd AG (“wpd”), a number one mission developer and impartial renewable energy producer (IRPP) for onshore wind, offshore wind and photo voltaic , is happy to announce that they’ve signed definitive agreements for GIP to amass 100% of WPD’s offshore wind enterprise WPD Offshore GmbH (“WPD Offshore”). The transaction is topic to customary regulatory approval.

wpd offshore is a number one offshore wind platform with over 20 years of growth expertise, a monitor document of ~7 GW developed thus far and a presence in fourteen European and APAC markets. The WPD Offshore crew has capabilities throughout the whole offshore wind worth chain, together with greenfield growth, engineering and design, procurement, financing and building administration. wpd offshore’s portfolio consists of:

  • Occupied with 5 operational and underneath building initiatives in Germany, France And Taiwan
  • >30 GW (gross) world and extremely diversified offshore wind pipeline in varied levels of growth

submit closing, Achim Burge OlsenThe present COO of WPD and chargeable for its offshore wind enterprise, will function CEO of the enterprise acquired by GIP.

WPD CFO Björn Nulmeyer mentioned: “WPD was one of many early movers within the offshore wind market and the offshore entity prospered very properly as a part of the WPD Group. We have now had an thrilling and profitable journey with the WPD Offshore crew and are happy that GIP is taking a singular alternative to unlock additional prospects with plans to change into a worldwide offshore wind participant.WPD AG will additional strengthen its onshore wind and photo voltaic actions in 30 nations. Europe, Asia, Chile and the U.S. Our operational wind and photo voltaic initiatives totaled 2,500 MW by the tip of 2021 and we’ll double this amount by 2024.”

adebayo ogunlesiGIP’s Chairman and Managing Companion mentioned: “We’re excited to announce the acquisition of WPD’s world-class offshore wind enterprise. WPD Offshore has an distinctive progress monitor document and a various portfolio of operations, building and growth initiatives. We We consider offshore wind, one of many quickest rising renewable sectors, can be vital to the web zero carbon targets and vitality transition targets. This funding builds on GIP’s in depth expertise investing in renewable belongings and offshore wind initiatives. As a extremely scalable platform, WPD Offshore will have the ability to pursue new initiatives and alternatives within the excessive progress offshore wind markets. We sit up for working with the administration crew that has constructed this very profitable enterprise and it has developed into one of many world’s main offshore wind platforms.”

About World Infrastructure Companions

GIP is a number one impartial infrastructure fund supervisor making fairness and debt investments in infrastructure belongings and companies. GIP targets investments within the vitality, transportation, digital infrastructure and water/waste sectors within the OECD and choose rising market nations. GIP’s world renewable portfolio consists of photo voltaic, wind, hydropower and battery storage belongings representing 15 GW of operational technology capability, royalty pursuits in additional than 19 GW of operational renewable initiatives and over 120 GW of belongings underneath building or growth . the headquarters New YorkGIP operates in 10 places of work: New York, London, Stamford ,Connecticut, Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore And Hong Kong, Manages GIP c. We $81 billion for its traders. The portfolio firms of GIP have a mixed annual income of c. We $61 billion and employment c. 99,000 folks. go to for extra info,

About WPD

wpd develops and operates onshore and offshore wind farms and photo voltaic parks and is actively concerned in 30 nations Europe, Asia, Chile and with head workplace in US bremen, The German firm has already realized wind energy initiatives with an output of 5,620 MW and is planning additional initiatives with a complete of 13,900 MW of wind onshore and a pair of,300 MW of solar energy. Extra info wpd web site . may be seen on

Supply World Infrastructure Companions

For extra info: Media Inquiry: [email protected], +1.646.282.1545; clp methods, [email protected], +1.914.364.8024; wpd media contact: Christian Schnebbe, Head of Communications,[email protected]+49 (421) 16866-10

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