Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe

Ørsted completes acquisition of Lincoln Clean Energy

By Michelle Froese | October 1, 2018

U.S.-based LCE is a wind farm developer, owner and operator that has built over 500 MW of operating capacity since 2015.

LCE is a wind-farm developer that has built over 500 MW of operating capacity since 2015.

Ørsted has completed its acquisition of a 100% equity interest in Lincoln Clean Energy LLC (LCE) from I Squared Capital. Ørsted says it will create a new business unit, Onshore Wind, which will be reported as a separate segment. LCE will be the only activity in onshore wind the outset.

In addition, Ørsted is changing the names of our existing business units to Offshore Wind (formerly Wind Power), Bioenergy (formerly Bioenergy & Thermal Power), and Customer Solutions (formerly Distribution & Customer Solutions).

Ole Kjems Sørensen, Executive Vice President and member of Ørsted’s Executive Committee, has been appointed to lead Onshore Wind. Sørensen will also continue to lead Ørsted’s Corporate Development and M&A activities.

The information provided in this announcement does not change Ørsted’s guidance for the financial year 2018 or the announced expected investment level for 2018.


Filed Under: News
Tagged With: Ørsted
 

About The Author

Michelle Froese

Related Articles Read More >

US government allows Empire Wind offshore project to resume construction
Richardson Electronics to deliver pitch energy modules to TransAlta wind fleets
Equinor halts work on Empire Wind offshore project after federal government order
ARESCA wants input on offshore wind standards

Podcasts

Wind Spotlight: Looking back at a year of Thrive with ZF Wind Power
See More >

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Windpower Engineering & Development
  • Wind Articles
  • Solar Power World
  • Subscribe to Windpower Engineering
  • About Us/Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising

Search Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe