Lincoln Clean Energy Becomes Ørsted Onshore

Wind Industry Profile of

Since Ørsted's acquisition of Lincoln Clean Energy (LCE) in October 2018, the business has made significant progress reinforcing its position in the North American market for onshore renewables. LCE has commissioned 500 MW of new operating capacity and final investment decision for the construction of 1.3 GW has been made.

With the transaction well in place, it has now been decided to fully integrate LCE into Ørsted and to rebrand Lincoln Clean Energy to Ørsted Onshore. To lead Ørsted Onshore, Declan Flanagan has been appointed Executive Vice President and member of Ørsted's Executive Committee. Declan Flanagan founded LCE in 2009 and has since then been CEO of the business. Before founding LCE, Declan was CEO of E.ON Climate and... ... More: Official Press Release Ørsted

Keywords:

Lincoln Clean Energy, Ørsted, onshre, USA, rebrand, integration, acquisition, wind energy, project, management