GIP launches dedicated wind company

4C Offshore | Tom Russell
By: 20/09/2022 GIP
Global Infrastructure Partners (GIP), announced the launch of Skyborn Renewables (Skyborn), previously operated as wpd offshore.

In May, GIP announced an agreement to acquire 100% of the business of wpd Offshore. The transaction closed on 15 September 2022.

The assets of Skyborn include interests in five  operating and under-construction projects in Germany, France and Taiwan; and a pipeline of over 30 GW (gross) of 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 track record of investing in renewables assets to the deployment of offshore wind energy 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 Olsen, the newly-appointed management team includes:

João Metelo, Chief Investment & Financial Officer (CIFO), Thomas Karst, Co-Chief Operating Officer (COO), Lars Muck, Chief Technology Officer (CTO), Cathrin Browne, General Counsel (GC).

To support the team and strengthen its operating capabilities, Skyborn Renewables will open an office in Hamburg.

“GIP identified offshore wind as an important component of the transition to clean, renewable power. The investment in Skyborn is a significant milestone and demonstrates GIP’s commitment to the continued growth of global renewable power generation,” said Adebayo Ogunlesi, Chairman and CEO of GIP.