US infrastructure investment fund Global Infrastructure Partners (GIP) has acquired the offshore wind projects division of the German group wpd, including the projects in Romania.
wpd is developing the projects for the construction of two offshore wind farms in Romania, with a total capacity of 1.9 GW.
GIP has signed an agreement to acquire 100 % of the shares of the wpd Offshore division, whose portfolio includes stakes in five projects in operation and under construction in Germany, France and Taiwan, as well as over 30 GW in offshore wind projects in various stages.
At the beginning of the year, wpd Offshore announced that it had become the first company in Romania to officially apply for the development of wind energy projects in the Black Sea.
Thus, the German group founded the companies wpd Offshore Black Sea 1 and wpd Offshore Black Sea 2, which should develop two offshore wind projects with 500 MW and 1.4 GW installed capacity.
