Copenhagen Infrastructure Partners (investment company) has completed its acquisition of Ørsted's European onshore renewable energy business and launched the newly branded company Perigus Energy, marking a significant reshaping of the onshore wind, solar, and battery storage landscape across Ireland, Germany, the United Kingdom, and Spain.
A New Company Built on Established Foundations
Perigus Energy officially launched the close of the transaction through CIP's fifth flagship fund, CI V. The deal was first announced on February 3, 2026, and the completion now transfers control of Ørsted's European onshore platform to CIP, one of the world's largest dedicated energy infrastructure fund managers.
While the name and identity are new, the company's people, projects, and commercial arrangements remain unchanged. All existing contracts, partners, and counterparties are unaffected by the transaction, and the workforce of over 200 people continues operating from sites and offices across Europe, including locations in Regensburg, Lauf, Potsdam, Essen, Hamburg, London, Edinburgh, and Madrid. The company is headquartered in Cork, Ireland.
Kieran White, who serves as CEO of Perigus Energy, described the launch as the next chapter in what he called a long-running renewable success story, noting that the business traces its origins to an Irish farmer's cooperative and a German family-run enterprise. White said the company's mission remains unchanged despite the new branding and ownership structure.
Portfolio Size and Commercial Structure
Perigus Energy enters the market with a total operational and under-construction capacity of 826 megawatts. Of that total, 578 MW represents installed renewable capacity already generating electricity across its four markets, while a further 248 MW of solar energy and onshore wind capacity is currently under construction, with five projects actively being built in Ireland and Germany.
The company states that its current operational portfolio generates clean electricity equivalent to powering approximately 600,000 European homes. Its commercial structure is described as resilient, combining government-backed support schemes with corporate power purchase agreements, known as CPPAs.
Beyond the operational and construction-stage assets, Perigus Energy holds what it describes as a multi-gigawatt, investment-ready development pipeline spanning onshore wind, solar, and battery storage across its four markets. Unlocking the full potential of that pipeline is described by CIP as the company's immediate strategic focus.
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CIP's Investment Rationale
Copenhagen Infrastructure Partners, founded in 2012, manages 15 funds and has raised approximately 37 billion euros to date from more than 200 institutional investors globally.
The firm employs more than 2,300 professionals and has projects across more than 30 countries. Its investment scope covers power generation from solar and wind, energy storage, transmission and distribution, advanced bioenergy, low-carbon fuels, and carbon capture.
Kunal Patel, a Partner at CIP, described the completion of the Perigus Energy acquisition as an important transaction for CI V and a major milestone for European onshore renewables growth.
Patel said the company combines a proven team, an established operating portfolio, and a promising pipeline across what he called core European power markets, and that CIP's goal is to support the acceleration of clean, reliable, and affordable power delivery while generating what he described as strong, risk-adjusted returns for investors.
European Energy Security as a Strategic Context
Both CIP and Perigus Energy's leadership pointed to European energy security as a central rationale for the platform's direction. CEO Kieran White cited high volatility in international energy markets as evidence of Europe's need for secure, home-grown, and green electricity.
His remarks framed Perigus Energy's onshore renewables pipeline as a direct response to that demand, with the company's stated vision being to advance renewables in order to power a secure energy future with consideration for society, nature, and its workforce.
CIP's Kunal Patel similarly emphasized the strategic importance of strengthening Europe's energy security and independence through the deployment of domestic renewable generation capacity.
Operations Across Four Markets
Perigus Energy's geographic footprint spans Ireland, Germany, the United Kingdom, and Spain. The company develops, builds, and operates projects across all three major onshore renewable technologies: wind, solar photovoltaic, and battery storage. Its presence on the ground across multiple countries reflects the breadth of the platform it has inherited from Ørsted's European onshore division.
The company describes itself as a trusted partner in the communities where it operates, a positioning that reflects the cooperative and family-business heritage cited by its chief executive. With CIP's backing and capital, Perigus Energy has indicated its ambition to significantly expand its footprint beyond the current 826 MW operational and construction base by advancing projects currently held within its development pipeline.
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