NewQ1 2026 Clean Energy Deal Intelligence Report is live
M&AAnnouncedOctober 21, 2022

50% stake in 862 MW Ørsted US onshore portfolio — Lincoln Land Wind 302 MW (IL), Plum Creek Wind 230 MW (NE), Willow Creek Wind 103 MW (SD), Muscle Shoals Solar 227 MW (AL)

Energy Capital Partners (ECP) + TIAA Renewable Power Fund Plus acquire 50% of Ørsted's 862 MW US onshore portfolio — ~$410M. Ørsted's first onshore farm-down. MUFG-led debt syndicate. Ørsted retains asset management.

$410M

Deal Value

862MW

Capacity

Hybrid

Technology

IL, NE, SD, AL

Location

Deal Details

Deal Type
Project & Portfolio M&A
Seller / Sponsor
Ørsted
Buyer / Financier
Energy Capital Partners (ECP) / TIAA Renewable Power Fund Plus
Deal Value
~$410M
Stage
Operating
ISO/RTO
PJM, MISO, SPP, TVA
Source
Ørsted

Finance Counterparties

Lenders & Capital Providers

lenders
MUFG

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