GIP closes and rebrands former Wpd offshore business
Appointment of a new management team
announces the opening of the Hamburg office center
Hamburg, Germany, September 17, 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 sector. . Skyborn Renewables (Skyborn) previously operated as an offshore wpd.
In May, GIP announced an agreement to acquire 100% of the company. The transaction was closed on September 15, 2022.
Skyborn’s assets include interests in 5 operating and 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 approximately 7 GW developed to date and a presence in fifteen European and APAC markets.
CEO Achim Bergé Olsen commented, “Skyborn Renewables will combine the team’s experience with GIP’s financial strength and track record of investing in renewable assets for the deployment of offshore wind energy to benefit 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:
- João Metelo, Chief Investment & Financial Officer (CIFO), who has more than 23 years of international experience,
- Morten MelinCo-Chief Operating Officer (COO), who will join the team in March 2023an industry expert with over 25 years of offshore wind experience,
- Thomas KarstCo-Chief Operating Officer (COO), who has nearly 25 years of relevant industry and executive experience and a strong focus on successful client projects,
- Lar MuckChief Technology Officer (CTO), who has over 25 years of industry and leadership experience,
- Catherine BrowneGeneral Counsel (GC), who has 18 years of experience and has held senior positions in market-leading corporations and law firms.
To support the team and strengthen its operational capabilities, Skyborn Renewables will open an office in Hamburg.
“GIP has identified offshore wind as an important part of the transition to clean and renewable energy. The investment in Skyborn is an important milestone and demonstrates GIP’s commitment to the continued growth of global renewable energy production,” said Adebayo OgunlesiChairman and CEO of the GIP.
About Global Infrastructure Partners
GIP is a leading independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and companies. The GIP targets investments in the energy, transport, digital infrastructure and water/waste sectors in OECD countries and certain emerging countries. GIP’s global renewable energy portfolio includes solar, wind, hydro and battery storage assets representing 18 GW of operating and construction capacity, royalty interests in more than 21 GW of renewable energy projects in operation and more than 175 GW of assets under construction or under development. Based at New YorkGIP operates from 10 offices: New York, London, Stamford (Connecticut), sydney, melbourne, Brisbane, Bombay, delhi, Singapore and hong kong. GIP manages c. WE $84 billion for its investors. GIP’s portfolio companies have a combined annual turnover of approx. WE $68 billion and employ more than 100,000 people. For more information, visit www.global-infra.com.
About Skyborn Renewables
Skyborn Renewables (Skyborn) is contributing to global decarbonization by accelerating the development of offshore wind energy around the world. We believe that offshore wind is the cornerstone of the clean energy transition, which will achieve zero emissions goals, ensure energy security and provide a sustainable energy supply for future generations. Skyborn is a pioneering and leading offshore wind developer and operator with over 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 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. Based at Bremen, Germany, the company is present in 15 European and APAC markets. For more information, visit www.skybornrenewables.com