Core Viewpoint - Ørsted has agreed to sell its entire European onshore business to Copenhagen Infrastructure Partners for DKr10.7bn ($1.69bn), aligning with its strategy to focus on offshore wind projects in Europe [1][2]. Group 1: Transaction Details - The divestment includes Ørsted's onshore activities across Ireland, the UK, Germany, and Spain, covering wind, solar energy, and battery energy storage systems (BESS) with a total of 578MW in operation and an additional 248MW under construction [1]. - The transaction is expected to be finalized in the second quarter of the year, pending regulatory approvals [3]. - Ørsted will retain its onshore operations in the US, which have been independently managed since October 2025 [3]. Group 2: Strategic Implications - The acquisition by CIP strengthens its presence in Europe and complements its existing portfolio, allowing for accelerated deployment of renewable energy and enhancing Europe's energy independence [2]. - Ørsted's divestment aligns with its strategy to concentrate on offshore wind projects, where substantial capacity tenders are anticipated in the coming years [2]. - This sale, along with other divestments, is part of Ørsted's program aimed at enhancing financial stability, with expected proceeds of approximately DKr46bn by the end of 2026, exceeding the initial target of more than DKr35bn [4]. Group 3: Financial Position - Ørsted's CFO expressed satisfaction with the sale, indicating that it finalizes the divestment program and significantly strengthens the company's financial position [5].

Core Points - Statkraft has signed an agreement to sell its Colombian renewables portfolio, Enerfín Colombia, to Ecopetrol, the national oil company of Colombia [1] - The transaction includes staff, eight projects under development, and the 130 MW Portón del Sol solar plant, which was the first utility-scale solar plant in Colombia [1] - The sale is expected to be completed in the third quarter of 2025, pending regulatory approvals [2] - Barbara Flesche, Executive Vice President for Europe, expressed satisfaction with the divestment, highlighting the skilled team and attractive portfolio built by Enerfín in Colombia [3] - Statkraft acquired its Colombian renewables portfolio as part of the Enerfín transaction in May 2024, which significantly strengthened its position in Spain and Brazil [4] - The acquisition added a portfolio of 1.5 GW of wind and solar power projects in operation and under construction, along with a pipeline of projects under development [4] - Statkraft's strategy focuses on growth and building scale in selected markets in the Nordics, Europe, and South America [4]

Core Insights - Statkraft has signed an agreement to sell its Colombian renewables portfolio, Enerfín Colombia, to Ecopetrol, the national oil company of Colombia [1] - The transaction includes staff, eight projects under development, and the 130 MW Portón del Sol solar plant, which was the first utility-scale solar plant in Colombia [1] - The sale is expected to be completed in the third quarter of 2025, pending regulatory approvals [2] Company Strategy - The divestment of Enerfín Colombia is part of Statkraft's strategy to streamline its operations outside core markets, confirming the company's ability to build a skilled team and an attractive portfolio in Colombia [3] - Statkraft's acquisition of the Colombian renewables portfolio in May 2024 significantly strengthened its position in Spain and Brazil, making it one of the top 10 wind power producers in those countries [4] - The acquisition added a portfolio of 1.5 GW of wind and solar power projects in operation and under construction, along with a pipeline of projects under development, aligning with Statkraft's strategy to grow in selected markets in the Nordics, Europe, and South America [4]