Perigus Energy, formerly part of Ørsted, has been established following Copenhagen Infrastructure Partners’ acquisition of Ørsted’s European onshore business.
A new onshore renewable energy company has launched in Europe following the completion of Copenhagen Infrastructure Partners (CIP)’s acquisition of Ørsted’s European onshore business, with Cork chosen as its European headquarters.
Perigus Energy already operates across Ireland, Germany, the UK and Spain, with a combined operational and under-construction capacity of 826MW and a multi-gigawatt development pipeline.
The company said Ireland is central to its new operations. Perigus has 373MW of operational onshore wind farms across the island, with a further 179MW currently under construction. Its people, assets and development pipeline here are unaffected by the acquisition.
Two Irish projects are set to reach key milestones in the near term, according to Perigus. The Garreenleen solar project in Carlow, the company’s first solar project in Ireland, is due to be energised this month and will generate 81MW of clean electricity, enough to power around 29,000 homes.
In Tipperary, the Farranrory wind farm is expected to be fully operational later this year, adding nine turbines and 43.2MW of capacity.
Perigus Energy has also secured planning permission for the Brittas wind farm in Tipperary, consent for the 170MW Cappakeel solar farm in Laois, and “provisional success” for the Lodgewood battery energy storage project in Wexford following the latest EirGrid and SONI capacity market auction.
TJ Hunter, Perigus managing director for Ireland and the UK, said the Cork headquarters decision reflects both the company’s heritage and long-term ambitions on the island.
“While our name is new, we are an experienced team with a proven track record of delivery in Ireland since the opening of Owenreagh wind farm in Co Tyrone in 1997,” he said.
CEO Kieran White described the launch as “a very exciting next chapter”, adding that CIP’s backing would enhance the company’s ability to deliver across its investment-ready pipeline spanning wind, solar and battery storage.
Perigus Energy employs more than 200 people across offices in Ireland, Germany, the UK and Spain.
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