Perigus Energy, the Cork-headquartered onshore wind, solar and battery storage developer that Copenhagen Infrastructure Partners (CIP) bought from Orsted, has appointed Eamonn Boland as chief commercial officer, its first senior commercial hire since relaunching under new ownership and a signal of how the platform intends to staff its build-out across four European markets. No financial consideration was disclosed; this is a personnel appointment rather than a transaction.

Perigus Energy is a Cork-headquartered developer of onshore wind, solar and battery storage projects across Ireland, Germany, the UK and Spain, with around 830MW in operation following its April 2026 relaunch from Orsted's former European onshore business.

Copenhagen Infrastructure Partners (CIP) is a Copenhagen-headquartered global fund manager investing in energy infrastructure, managing 15 funds and having raised approximately €37 billion to date.

Orsted is a Danish offshore wind developer that agreed to sell its European onshore business to CIP for €1.44 billion ($1.7 billion) in February, with the sale completing in late April.

Boland, previously senior director for business development and growth at Orsted's Irish onshore business, joined Perigus in the same role before his promotion. He said the company has an advanced pipeline across Europe to bring into construction and operation.

The appointment matters less as a hire than as a marker of continuity: Boland is one of several former Orsted staff, including CEO Kieran White, who moved across intact when the onshore unit changed hands, suggesting CIP prioritised retaining institutional knowledge of the pipeline over a clean-slate integration.

The sale itself was forced by pressure elsewhere in Orsted's business. The developer completed a $9.3 billion rights issue in 2025 after regulatory setbacks to its US offshore wind projects, and the European onshore divestment was one of three "cornerstone" transactions used to rebuild its balance sheet alongside partial sales of the Hornsea 3 and Changhua 2 offshore projects.

For Ireland specifically, the deal anchors a fund-backed, multi-gigawatt European onshore platform in Cork rather than leaving the business as a subsidiary of an offshore-focused parent, a structural shift that changes who Irish developers, landowners and grid stakeholders now deal with directly.

Source: Recharge News / Oilprice.com