# Ørsted completes acquisition of Lincoln Clean Energy

Ørsted has completed the acquisition of 100% equity interest in Lincoln Clean Energy LLC from I Squared Capital. Ørsted will create a new business unit named Onshore Wind.

- Type: Acquisition
- Announced: 2018-10-04
- Where: Boston, Massachusetts, United States
- Value: $510.0M
- Status: completed
- Products: clean energy project development
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ørsted](https://endata.com/companies/3516.md) (acquirer)
- [I Squared Capital](https://endata.com/companies/28377.md) (partner)
- [Deepwater Wind](https://endata.com/companies/34640.md) (target)
- [Lincoln Clean Energy](https://endata.com/companies/34743.md) (target)

## Sources

- [power-technology.com](https://www.power-technology.com/news/mas-this-week-siemens-trc-orsted/), 2018-10-04: "Ørsted has completed the acquisition of 100% equity interest in Lincoln Clean Energy LLC (LCE) from US-based private equity firm I Squared Capital."
- [orsted.com](https://orsted.com/en/company-announcement-list/2018/11/1840215), 2018-11-01: "The completion of the acquisition does not change Ørsted’s previous financial guidance for the financial year of 2018."
- [businesswire.com](https://www.businesswire.com/news/home/20181107006009/en/%c3%98rsted-Completes-Acquisition-Deepwater-Wind), 2018-11-08: "Today, Ørsted announced that its acquisition of Deepwater Wind has been finalized."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.