Norway’s Statkraft acted swiftly on its newly-set wind expansion ambitions by acquiring the 1.55GW, mostly Ireland-based development pipeline of Element Power.

The deal sees Statkraft take over Element Power Ireland and its 1.3GW onshore wind portfolio, plus 250MW the developer is advancing in the UK. Financial terms were not disclosed.

Statkraft’s confirmation of the purchase comes a week after it unveiled ambitious new wind and solar that targets for 6GW of onshore turbines and 2GW of solar in place by 2025.