GIP closes and rebrands former Wpd offshore business
A new management team has been appointed
Announces the opening of an office center in Hamburg
HAMBURG, Germany, September 16, 2022 /PRNewswire/ — Global Infrastructure Partners (“GIP”), a leading independent global infrastructure investor, today announced the launch of Skyborn Renewables, a leading player in the international wind energy industry. Skyborn Renewables (Skyborn) previously operated as wpd offshore.
In May, GIP announced an agreement to acquire 100% of the business. The transaction ended on September 15, 2022.
Skyborn’s assets include stakes in 5 active and under-construction projects in Germany, France and Taiwan; and a pipeline of over 30 GW (gross) of highly diversified offshore wind projects in various stages of development. The company has over 20 years of development experience, a track record of ~7 GW developed to date, and a presence in fifteen European and APAC markets.
CEO Achim Berge Olsen commented: “Skyborn Renewables will combine the team’s experience with GIP’s financial strength and expertise in investing in renewable energy assets to deploy offshore wind power for the benefit of future generations. Our mission is to address the global challenges of the climate crisis and energy security.”
In addition to Berge Olsenthe newly appointed management team includes:
- Joao Metello, Chief Investment and Financial Officer (CIFO), who has over 23 years of international experience,
- Morten Melinco-chief operating officer (COO) to join the team March 2023industry expert with more than 25 years of experience in offshore wind energy,
- Thomas Karsta Co-Chief Operating Officer (COO) who has almost 25 years of relevant industry and leadership experience and a strong focus on successful client projects,
- Lars Mooka Chief Technology Officer (CTO) who has over 25 years of professional and leadership experience,
- Katherine BrownGeneral Counsel (GC) who has 18 years of experience and has held leadership positions in market-leading companies and law firms.
To support the team and strengthen its operational capabilities, Skyborn Renewables will open an office in Hamburg.
“The GIP identifies offshore wind as an important component of the transition to clean, renewable energy. The investment in Skyborn is an important milestone and demonstrates GIP’s commitment to the continued growth of global renewable energy generation,” they said Adebayo OgunlesiChairman and CEO of GIP.
About Global Infrastructure Partners
GIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. The GIP targets investments in the energy, transport, digital infrastructure and water/waste sectors in both the OECD and selected emerging market countries. GIP’s global renewable energy portfolio includes solar, wind, hydro and storage assets representing 18 GW of operating and construction capacity, royalty interests in over 21 GW of operational renewable projects and over 175 GW of assets under construction or under development . Headquarters in new YorkGIP operates from 10 offices: new York, London, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. GIP manages c. US 84 billion dollars for its investors. GIP’s portfolio companies have combined annual revenues of c. US 68 billion dollars and employs over 100,000 people. For more information visit www.global-infra.com.
About Skyborn Renewables
Skyborn Renewables (Skyborn) is helping to achieve global decarbonisation by accelerating the development of offshore wind energy around the world. We believe that offshore wind energy is a cornerstone of the clean energy transition that will enable the achievement of net zero goals, ensure energy security and ensure a sustainable energy supply for future generations. Skyborn is a pioneer and leading offshore wind developer and operator with more than 20 years of experience and a track record of approximately 7 GW developed worldwide to date. Our capabilities span the entire offshore wind value chain, including greenfield development, engineering and design, procurement, financing, construction management and asset management. Skyborn’s portfolio includes a global pipeline of over 30 GW in various stages of development. Headquarters in Bremen, Germany, the company is present in 15 European and APAC markets. For more information visit www.skybornrenewables.com
SOURCE Global Infrastructure Partners