Tag: cip

CIP purchases majority stake in Mulilo Energy

Copenhagen Infrastructure Partners (CIP), a Danish investment firm, has purchased a majority stake in South African renewable energy developer Mulilo Energy Holdings for an undisclosed sum. The deal was carried out by CIP through its Copenhagen Infrastructure New Markets Fund I (CI NMF I). Mulilo’s existing founders and management will remain on board following the acquisition.

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CIP and Viviid to construct renewable energy projects in India

Copenhagen Infrastructure Partners (CIP), a Danish investment company, has collaborated with Viviid Renewables, an Indian company, to construct more than 1.8 GW of renewable energy capacity in India. CIP signed the agreement via its Copenhagen Infrastructure New Markets Fund I (CI NMF I).  The initial focus of the partners will be on creating two onshore wind farms with a combined capacity of more than 500 MW.  The remaining capacity will be developed and built by CI NMF’s successor funds.

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Amberside Energy and CIP to construct renewable projects in UK

Amberside Energy, a British engineering company, and the Flagship Funds of Copenhagen Infrastructure Partners (Cip) have joined forces to build 2 GW of solar and battery storage capacity in the UK. As per the agreement, Flagship Funds will provide the necessary funds for the development of these projects, subject to investment decisions.

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Copenhagen Infrastructure Partners divests ownership of Travers Solar

Copenhagen Infrastructure Partners (CIP), a Danish investment company, has announced the sale of its entire ownership in Travers Solar, a 465MWac/ 691MWdc project. For an undisclosed amount, the stake was sold to a Canadian fund run by Axium Infrastructure. The deal was concluded by CIP on behalf of its Copenhagen Infrastructure Fund IV.  Located about 130 km south of Calgary, Alberta, Travers Solar began commercial operations in November 2021.

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Statkraft and CIP to develop offshore wind capacity in Ireland

Statkraft, a Norwegian renewable energy producer, has agreed to build 2.2 GW of offshore wind power in Ireland with Copenhagen Infrastructure Partners’ (Cip) Copenhagen Infrastructure IV K/S (CI IV) fund. At the Bore Array and the North Irish Sea Array (Nisa), the projects will be constructed over the period of three phases.

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CIP wins 500-600 MW offshore wind auction in Taiwan

Copenhagen Infrastructure Partners (Cip), a Danish investment company, has received 500 MW-600 MW of capacity in the first round of Taiwan’s Round III Zonal Development offshore wind auction. The capacity was given to CIP’s Fengmiao offshore wind project, which will be connected to the country’s energy grid in 2027. The offshore facility, which will be CIP’s third project in Taiwan, is situated 35 km offshore of Taichung City.

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CIP and Tokyu Land to establish offshore wind projects in Japan

Copenhagen Infrastructure Partners (CIP), a Danish investment company, has partnered with real estate developer Tokyu Land Corporation (TLC) to develop offshore wind projects in northern Japan. To co-develop the Aomori South offshore wind project, the partners have formed a joint venture firm Aomori South Offshore Wind GK.

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Cbus acquires 2.2 GW offshore wind facility in Australia

Cbus Super, an Australian superannuation fund, has acquired a 10 per cent stake in Copenhagen Infrastructure Partners’ (CIP) 2.2 GW Star of the South offshore wind project. This follows Cbus’ investment in CIP’s flagship fund, CI IV, which owns the majority stake in Star of the South. No financial details of the deal have been disclosed. Star of the South will be constructed off the coast of Victoria’s Gippsland.

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CIP to set up an artificial hydrogen island in Danish North Sea

Copenhagen Infrastructure Partners (CIP), a Danish energy investment company, has announced plans to develop an artificial hydrogen island in the Danish North Sea by 2030. The BrintØ hydrogen island will be used primarily for large-scale green hydrogen production from offshore wind. The project will be developed on the Danish part of Dogger Bank in the North Sea and will be connected to a 10 GW offshore wind power project. 

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CIP and NZ Super Fund to set up 1 GW offshore project in New Zealand

Copenhagen Infrastructure Partners (CIP), a Danish renewable investment group, has teamed up with the New Zealand Superannuation Fund (NZ Super Fund) to develop 1 GW of offshore wind capacity off New Zealand’s west coast.  The projected capacity, which will be located on the South Taranaki Bight, will be equivalent to more than 11 per cent of New Zealand’s current electricity demand.

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CIP appoints Exus for 700 MW solar project in Canada

Copenhagen Infrastructure Partners (CIP) has selected Exus Management Partners (Exus) to provide of asset management services for the 700 MW Travers Solar Project. The long-term contract will last until the building phase is completed and the project is expected to be completed by the end of 2022.

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Danish fund eyes Asia in €4 billion green energy push

The project will see CIP adopting investments across a range of climate-conscious technologies, such as: contracted offshore wind, onshore wind, solar PV, transmission, storage, and waste-to-energy in low-risk Organisation for Economic Co-operation and Development (OECD) countries in the Northern Hemisphere, as well as developed countries in Asia and Australia.

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CIP eyes Euro 10-15 billion of renewable energy investments

According to sources, a third of the funds will be invested in offshore wind farms, one third in onshore wind and solar and the final third in technologies like biomass, waste-to-energy, transmission and storage solutions. Geographically, the investments will be split roughly between North America, Western Europe, and developed Asia-Pacific markets.

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