Tag Archives: Copenhagen Infrastructure Partners

CIP to invest $1.92 billion in offshore wind energy in the Philippines

CIP’s wind farm will stretch along the northern coast of Northern Samar province and is expected to begin operations in late 2025.Copenhagen Infrastructure Partners (CIP) will invest PHP 108 billion ($1.92 billion) in a 650 MW offshore wind energy park in Northern Samar province, Philippines. The project was confirmed at a Northern Samar provincial government … Continue reading CIP to invest $1.92 billion in offshore wind energy in the Philippines

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CIP launches new company dedicated to developing energy island projects globally

Copenhagen Infrastructure Partners (“CIP”) is launching Copenhagen Energy Islands (“CEI”), a new development company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors, Copenhagen Energy Islands will build on CIP’s long-standing experience and expertise within offshore wind to develop energy island projects globally, and is currently developing a portfolio … Continue reading CIP launches new company dedicated to developing energy island projects globally

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Copenhagen Infrastructure Partners (CIP) and Ignitis win offshore wind tender in Estonia

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund 2, and Ignitis Renewables will develop an offshore wind farm in the Liivi 1 seabed area in Estonia. CIP and Ignitis won the offshore wind auction after submitting the highest bid of €1.16 million. Having previously won the Liivi 2 site in Estonia’s first offshore wind … Continue reading Copenhagen Infrastructure Partners (CIP) and Ignitis win offshore wind tender in Estonia

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CIP and Avangrid Announce First Power from Vineyard Wind 1

Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, … Continue reading CIP and Avangrid Announce First Power from Vineyard Wind 1

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CIP and Ignitis Renewables wins Estonia’s first offshore wind energy tender

CIP and Ignitis Renewables wins Estonia’s first offshore wind energy tenderInternational green energy company Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund II are the winners of the auction-based competitive tender for development of an offshore wind farm in the Liivi 2 sea area in Estonia, having placed the highest bid … Continue reading CIP and Ignitis Renewables wins Estonia’s first offshore wind energy tender

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Copenhagen Infrastructure Partners starts construction of Canada’s largest onshore wind power project

Buffalo Plains is expected to be fully operational by December 2024 and will, once completed, be the largest onshore wind farm constructed in Canada. Copenhagen Infrastructure Partners (CIP), on behalf of its Copenhagen Infrastructure IV (CI IV) fund, has begun construction on Buffalo Plains, a 495 MW wind farm consisting of 83 Siemens-Gamesa wind turbines … Continue reading Copenhagen Infrastructure Partners starts construction of Canada’s largest onshore wind power project

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CIP and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that the Vineyard Wind 1 project closed a first-of-its-kind tax equity package for commercial-scale offshore wind with three US-based banks. The $1.2 billion dollar investment transaction … Continue reading CIP and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

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Andel and CIP will form a consortium to cooperate on two tenders for offshore wind farms in Denmark

Andel and CIP will form a consortium to cooperate on two tenders for offshore wind farms in Denmark: Hesselø Offshore Wind Farm in Kattegat north of Zealand and Kriegers Flak II in the Baltic Sea. For Denmark to reach the national climate ambitions and lower the share of fossil fuels in the national energy supply, … Continue reading Andel and CIP will form a consortium to cooperate on two tenders for offshore wind farms in Denmark

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Vineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October

The Vineyard Wind 1 project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, is set to begin generating clean wind power by mid-October. The first-of-its-kind offshore wind project in the United States is expected to be fully operational by next year. Originally, project officials projected that the project would start generating cleaner energy by … Continue reading Vineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October

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Copenhagen Infrastructure Partners and Ignitis Group enter partnership in Estonia and Latvia

Ignitis Group’s subsidiary, Ignitis Renewables and Copenhagen Infrastructure Partners (CIP), through its New Markets Fund, have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages Ignitis Group’s leading market position in the Baltic region and CIP’s global offshore wind expertise. Estonia’s adoption of a legal framework for … Continue reading Copenhagen Infrastructure Partners and Ignitis Group enter partnership in Estonia and Latvia

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CIP reaches first close on CI V at nearly EUR 6 billion – set to become the world’s largest fund of its kind

On June 30, 2023, Copenhagen Infrastructure Partners (CIP) reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received – putting it on track to reach its target fund size of EUR 12 billion and become the world’s largest dedicated greenfield renewable energy fund. A … Continue reading CIP reaches first close on CI V at nearly EUR 6 billion – set to become the world’s largest fund of its kind

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Copenhagen Infrastructure Partners announces investments of USD 350 million in Korean offshore wind projects

On behalf of Copenhagen Infrastructure Partners (CIP), Managing Partner Jacob Baruël Poulsen on June 21, 2023, signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol committing to investments of USD 350 million into offshore wind projects in Korea. The investments from CIP’s Flagship funds will support the development … Continue reading Copenhagen Infrastructure Partners announces investments of USD 350 million in Korean offshore wind projects

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Statkraft secures 500 MW in Ireland’s first offshore wind auction

Statkraft and its offshore partners Copenhagen Infrastructure Partners (CIP) have welcomed today’s provisional results from Ireland’s first offshore wind auction in which they secured 500 MW. The partnership participated in the Irish government’s ORESS-1 (the first Offshore Renewable Electricity Support Scheme) to win 500 MW to develop the landmark North Irish Sea Array (NISA) offshore … Continue reading Statkraft secures 500 MW in Ireland’s first offshore wind auction

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Copenhagen Infrastructure Partners Joins the Global Offshore Wind Alliance to Accelerate Offshore Wind Deployment Worldwide

Launched at COP27 in Egypt in November 2022, the Global Offshore Wind Alliance (GOWA) brings together governments, the private sector, and international organizations to accelerate the deployment of offshore wind power. COPENHAGEN, Denmark, May 01, 2023 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP) is joining the Global Offshore Wind Alliance, an international coalition founded by … Continue reading Copenhagen Infrastructure Partners Joins the Global Offshore Wind Alliance to Accelerate Offshore Wind Deployment Worldwide

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Copenhagen Infrastructure Partners (CIP) set to invest $8.6 billion in offshore wind in Portugal

Renewable energy developer and fund manager Copenhagen Infrastructure Partners (CIP) plans to invest 8 billion euros ($8.6 billion) in a large offshore wind farm in Portugal that is preparing its first auction for such concessions. CIP said it was aiming to create 2 gigawatt installed capacity at a wind farm called Nortada off the Atlantic … Continue reading Copenhagen Infrastructure Partners (CIP) set to invest $8.6 billion in offshore wind in Portugal

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Statkraft and Copenhagen Infrastructure Partners team up to develop 2.2GW of offshore wind in Ireland

Statkraft has announced a major deal with Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure IV K/S (CI IV) as part of its plans to develop up to 2.2 gigawatts of offshore wind in Ireland. This landmark partnership will see CIP acquire a 50% stake in Statkraft’s offshore wind portfolio in Ireland. The financial terms of … Continue reading Statkraft and Copenhagen Infrastructure Partners team up to develop 2.2GW of offshore wind in Ireland

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Ørsted and Copenhagen Infrastructure partners join forces to develop approx. 5.2 gigawatts of offshore wind in Denmark

Ørsted and Copenhagen Infrastructure Partners (CIP) have entered into a partnership to develop approx. 5.2 gigawatts of offshore wind in Denmark across four projects. The partnership can accelerate the green transformation greatly, create value in the offshore wind industry, strengthen value- and job creation, and create a Danish business and export stronghold within Power-to-X. Ørsted … Continue reading Ørsted and Copenhagen Infrastructure partners join forces to develop approx. 5.2 gigawatts of offshore wind in Denmark

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Copenhagen Infrastructure Partners and Tokyu Land Corporation partner to develop offshore wind in Aomori South, Japan

Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure IV K/S (CI IV), and Tokyu Land Corporation (TLC) are announcing a joint partnership to develop the Aomori South offshore wind project, located in northern Japan. TLC and CI IV have established a new joint venture company, Aomori South Offshore Wind GK, which is … Continue reading Copenhagen Infrastructure Partners and Tokyu Land Corporation partner to develop offshore wind in Aomori South, Japan

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CIP announces partnership with Enagás, Naturgy, Fertiberia and Vestas to build a project for green hydrogen and ammonia in Spain

Copenhagen Infrastructure Partners develops the first phase of Project Catalina in partnership with Enagás, Naturgy, Fertiberia and Vestas. Project Catalina is a pioneering green hydrogen and green ammonia GW-scale project that aims to bring the abundant renewable resources of Aragon to the industrial consumption points on the Spanish Eastern coast through energy efficient and environmentally … Continue reading CIP announces partnership with Enagás, Naturgy, Fertiberia and Vestas to build a project for green hydrogen and ammonia in Spain

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GE Renewable Energy receives wind turbine supply order for Vineyard Wind offshore wind farm

Milestone follows Vineyard Wind’s recent financial close for the project and earlier selection of GE as the preferred turbine supplier. GE Renewable Energy to supply 62 Haliade-X 13 MW wind turbines for Vineyard Wind 1, the first utility-scale offshore wind power installation in the US. 800 MW offshore wind farm will power the equivalent of … Continue reading GE Renewable Energy receives wind turbine supply order for Vineyard Wind offshore wind farm

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