OSLO, Feb 3 (Reuters) - Danish wind farm operator Orsted (ORSTED.CO) , opens new tab said on Tuesday it has agreed to sell its European onshore business to Copenhagen Infrastructure Partners (CIP) for 1.44 billion euros ($1.70 billion).

The sale, alongside previously announced deals to divest a 50% stake in Hornsea 3 and 55% of Changhua 2, is part of Orsted's divestment programme designed to strengthen its balance sheet, the company said in a statement.

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"The transaction also contributes to delivering on Orsted's strategic priority of refocusing on offshore wind in its core European markets, where a significant amount of capacity is expected to be tendered in the coming years," it said.

($1 = 0.8465 euros)

https://www.reuters.com/sustainability/climate-energy/orsted-sells-european-onshore-business-cip-17-billion-2026-02-03/