COPENHAGEN INFRASTRUCTURE PARTNERS


Associated tags: CIP, Biomass, Wind, Renewable energy, Copenhagen Infrastructure Partners

Locations: UK, NORTH AMERICA, COPENHAGEN, PORTUGAL, ALBERTA, CANADA, NORTH SEA, INDIA, SOUTH AFRICA, LATIN AMERICA, LITHUANIA, ESTONIA, LATVIA, TEXAS, ONTARIO, SUMMERFIELD, VICTORIA, SOUTH AUSTRALIA, SCOTLAND, WASHINGTON, MV, MEXICO, ELGIN, NORDHAVN, DK, NEW YORK, ASIA, DENMARK, EUROPE

Copenhagen Infrastructure Partners completes acquisition of New York onshore wind development portfolio

Retrieved on: 
Monday, April 15, 2024

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Established in 2019, Liberty Renewables (“Liberty”) owns a portfolio of greenfield renewable energy projects in New York.

Key Points: 
  • NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Established in 2019, Liberty Renewables (“Liberty”) owns a portfolio of greenfield renewable energy projects in New York.
  • With a robust pipeline of approximately 1.3 GW of onshore wind, Liberty is well positioned to contribute significantly to New York’s clean energy objectives and to support the state’s journey towards economy-wide decarbonization.
  • “Onshore wind will play an important role in decarbonizing New York’s power grid and will be critical to achieving its nation-leading renewable targets,” said Tim Evans, partner and Head of North America at CIP.
  • CI V is off to a strong start with a large and diversified portfolio of renewable energy infrastructure projects in the development stage and potential equity commitments of EUR 22 billion.

Copenhagen Infrastructure Partners acquires majority stake in Elgin, a leading international solar company

Retrieved on: 
Wednesday, April 3, 2024

COPENHAGEN, Denmark , April 03, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) has signed an agreement to acquire a majority share in Elgin Energy (Elgin) and will, together with Elgin’s retained management team, invest £250 million into Elgin.

Key Points: 
  • COPENHAGEN, Denmark , April 03, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) has signed an agreement to acquire a majority share in Elgin Energy (Elgin) and will, together with Elgin’s retained management team, invest £250 million into Elgin.
  • Elgin’s current project pipeline of 15GW is supported by development activities in the UK, Irish, and Australian markets, covering stand-alone solar, solar co-located with battery storage, and stand-alone battery storage.
  • “We are thrilled to embark on this transformative journey with Copenhagen Infrastructure Partners.
  • This strategic partnership reinforces our financial strength while aligning with our vision to become the leading European solar company.

Copenhagen Infrastructure Partners signs preferred supply agreement with LS Cable for Taiwan project

Retrieved on: 
Wednesday, March 6, 2024

SEOUL, South Korea and COPENHAGEN, Denmark, March 06, 2024 (GLOBE NEWSWIRE) -- The contract specifies that LS Cable, a Korea-based industrial corporation and one of the biggest cable manufacturers worldwide, will supply offshore export cables, inter-array cables and onshore export cables from their Korean manufacturing facility to the 500 MW Feng Miao 1 offshore wind project in Taiwan.

Key Points: 
  • SEOUL, South Korea and COPENHAGEN, Denmark, March 06, 2024 (GLOBE NEWSWIRE) -- The contract specifies that LS Cable, a Korea-based industrial corporation and one of the biggest cable manufacturers worldwide, will supply offshore export cables, inter-array cables and onshore export cables from their Korean manufacturing facility to the 500 MW Feng Miao 1 offshore wind project in Taiwan.
  • CIP was awarded Feng Miao 1 in the first round of Taiwan’s Round 3 Zonal Development Offshore Wind Auction in December 2022.
  • This is the fourth cable supply collaboration between LS Cable and CIP’s offshore wind projects in Asia, following Changfang Xidao and Zhong Neng in Taiwan and Jeonnam Offshore Wind 1 in Korea.
  • “We thank LS Cable for their continuous commitment to delivering the best quality cable systems to our offshore wind projects both in Taiwan and South Korea.

Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation

Retrieved on: 
Tuesday, March 5, 2024

COPENHAGEN, Denmark, March 05, 2024 (GLOBE NEWSWIRE) -- The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.

Key Points: 
  • COPENHAGEN, Denmark, March 05, 2024 (GLOBE NEWSWIRE) -- The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.
  • CIP and LOTTE also agree to initiate discussions regarding development of and investment in low carbon ammonia projects on a global basis.
  • The two companies also intend to discuss potential collaboration on projects in infrastructure bunkering and other sectors in connection with low carbon ammonia.
  • CEO & Head of Hydrogen Business Group of LOTTE Chemical Corporation JinKoo Hwang said, “We are delighted to cooperate with CIP, a global leader in greenfield renewable energy investments.

CIP launches new company dedicated to developing energy island projects globally

Retrieved on: 
Friday, January 19, 2024

COPENHAGEN, Denmark, Jan. 19, 2024 (GLOBE NEWSWIRE) -- 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 of around 10 energy island projects around the North Sea, the Baltic Sea and in South-East Asia.

Key Points: 
  • COPENHAGEN, Denmark, Jan. 19, 2024 (GLOBE NEWSWIRE) -- 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 of around 10 energy island projects around the North Sea, the Baltic Sea and in South-East Asia.
  • Energy islands are large-scale offshore energy hubs, which will enable the massive scaling required for the next generation of offshore wind deployment globally.
  • Copenhagen Energy Islands is an independent company majority-owned by CIP and a group of investors.
  • Today, the challenge for offshore wind is less about building the incremental offshore wind farm, but more how to integrate large-scale offshore wind energy into the global energy systems.

Copenhagen Infrastructure Partners and Ignitis Renewables win second Estonian offshore wind tender

Retrieved on: 
Wednesday, January 17, 2024

This will allow for greater synergy and optimisation in developing the sites as a single offshore wind project.

Key Points: 
  • This will allow for greater synergy and optimisation in developing the sites as a single offshore wind project.
  • The maritime area of both sites is in the Gulf of Riga, northwest of Ruhnu Island and near Estonia’s Baltic Sea coast, covering approximately 193 square kilometres.
  • CIP and Ignitis Renewables have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia.
  • The partnership leverages CIP’s global offshore wind expertise and Ignitis Renewables’ leading market position in the Baltic region.

Copenhagen Infrastructure Partners takes final investment decision and commences construction of 300 MW onshore wind project in India

Retrieved on: 
Thursday, January 11, 2024

COPENHAGEN, Denmark, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) has taken final investment decision on a 300 MW onshore wind project in India together with Viviid Renewables (Viviid), an Indian developer and balance-of-plant service provider.

Key Points: 
  • COPENHAGEN, Denmark, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) has taken final investment decision on a 300 MW onshore wind project in India together with Viviid Renewables (Viviid), an Indian developer and balance-of-plant service provider.
  • The project is located in the Indian State of Karnataka with favorable wind conditions, good site accessibility, and a nearby existing grid connection location.
  • Alongside final investment decision, CIP signed equipment orders for the full project capacity and Viviid will provide balance-of-plant works and services and holds a minority ownership position in the project.
  • CIP and Viviid have already initiated further project developments which will be realized through CI GMF I’s successor fund CI GMF II.

Copenhagen Infrastructure Partners awarded preferred bidder status for three battery energy storage projects in South Africa

Retrieved on: 
Thursday, January 4, 2024

A total of five projects were awarded under South Africa’s first Battery Energy Storage Procurement Programme by the Department of Mineral Resources and Energy.

Key Points: 
  • A total of five projects were awarded under South Africa’s first Battery Energy Storage Procurement Programme by the Department of Mineral Resources and Energy.
  • The consortium holds global experience with battery energy storage systems and local market expertise, ensuring that the three facilities, Oasis Aggeneis, Oasis Mookodi and Oasis Nieuwehoop, will deliver cost-effective and efficient storage capacity to South Africa’s electricity grid.
  • When completed, the three projects will dispatch electricity under 15-year power purchase agreements to South Africa.
  • We commend the South African government’s strong commitment to the rapid buildout of battery energy storage, a key focus technology for Mulilo.

CIP and Avangrid Announce First Power from Vineyard Wind 1

Retrieved on: 
Wednesday, January 3, 2024

“Soon, Vineyard Wind will be producing power equivalent to over 400,000 Massachusetts households.

Key Points: 
  • “Soon, Vineyard Wind will be producing power equivalent to over 400,000 Massachusetts households.
  • Today, we begin a new chapter and welcome 2024 by delivering the first clean offshore wind power to the grid in Massachusetts,” said Avangrid CEO Pedro Azagra.
  • Vineyard Wind 1 is jointly owned by CIP through its flagship fund, CI II and III and Avangrid.
  • In August 2022, Avangrid signed an agreement to assume responsibility as the operations and maintenance services provider for Vineyard Wind 1 once the project achieves commercial operations.

Avangrid, CIP Announce First Power from Nation-Leading Vineyard Wind 1 Project

Retrieved on: 
Wednesday, January 3, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240103149750/en/
    A GE Haliade-X Turbine Stands in the Vineyard Wind 1 Project Area South of Martha’s Vineyard.
  • Congratulations to Vineyard Wind’s determination and success.”
    “We’re thrilled that the first power from the Vineyard Wind Project has made its way to the Massachusetts grid,” said Representative Christopher Hendricks (D-New Bedford).
  • “The Vineyard Wind 1 project will provide affordable, renewable electricity that can power Massachusetts for years to come.
  • In July 2021, Vineyard Wind signed the first Project Labor Agreement for an offshore wind project in the United States, which outlined the creation of 500 union jobs though the project.