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GIP buys 7GW of offshore wind with a further 30GW in the pipeline

The energy has been harnessed in fourteen European and APAC markets and will be used in the transition of AUM from fossil fuels.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

May 08, 2022 | 10:54 PM BST

GIP buys 7GW of offshore wind with a further 30GW in the pipeline

wpd Nordergruende project. Source: wpd

The Tech Capital

Infrastructure investor Global Infrastructure Partners (GIP) and project developer and independent renewables power producer (IRPP) wpd AG (wpd) have signed definitive agreements for GIP to acquire 100% of wpd offshore GmbH (wpd offshore), the offshore wind business of wpd.

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João Marques Lima

Founder and Editor, The Tech Capital

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