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CIP and Avangrid Announce First Power from Vineyard Wind 1

CIP and Avangrid Announce First Power from Vineyard Wind 1

Developers complete early-stage commissioning work to deliver first-ever power from offshore wind to Massachusetts BOSTON, Jan. 03, 2024 (Korea Bizwire) – 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 [...]

Copenhagen Infrastructure Partners Signs MoU with Mexican Authorities for Helax Istmo, a Green Hydrogen Project

Copenhagen Infrastructure Partners Signs MoU with Mexican Authorities for Helax Istmo, a Green Hydrogen Project

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Funds II and Energy Transition Fund I, will develop Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus of Tehuantepec, in Oaxaca, Mexico. COPENHAGEN, Denmark, Dec. 22, 2023 (Korea Bizwire) – Helax Istmo (“Helax”), a wholly owned subsidiary of funds managed by CIP, [...]

Copenhagen Infrastructure Partners and Ignitis Renewables Wins Estonia’s First Offshore Wind Tender

Copenhagen Infrastructure Partners and Ignitis Renewables Wins Estonia’s First Offshore Wind Tender

International 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 in the amount of EUR 1.7 million. COPENHAGEN, Denmark, Dec. [...]

Copenhagen Infrastructure Partners Takes FID on 1,000 MWh Battery Energy Storage Project

Copenhagen Infrastructure Partners Takes FID on 1,000 MWh Battery Energy Storage Project

The battery energy storage system Coalburn 1 will be one of the largest battery storage projects in Europe. Construction has commenced in November 2023 and the project will be 500 MW / 1,000 MWh once complete. COPENHAGEN, Denmark, Dec. 05, 2023 (Korea Bizwire) – Copenhagen Infrastructure Partners (CIP) through its Flagship Funds has taken final investment [...]

Copenhagen Infrastructure Partners Launches Horizon New Energy, Dedicated to Renewable Energy in Canada

Copenhagen Infrastructure Partners Launches Horizon New Energy, Dedicated to Renewable Energy in Canada

Horizon New Energy (“Horizon”) is a dedicated platform for Copenhagen Infrastructure Partners’ (CIP) development and realization of renewable energy projects in Canada. NEW YORK and CALGARY, Alberta, Nov. 21, 2023 (Korea Bizwire) – CIP, on behalf of its Flagship Funds, today announced the launch of Horizon, a dedicated platform for the development and realization of [...]

Evergreen and CIP Team Up to Explore Green Shipping Fuels

Evergreen and CIP Team Up to Explore Green Shipping Fuels

Evergreen targets to achieve net-zero by 2050 in line with the International Maritime Organization’s GHC strategy. To do so, Evergreen has teamed up with the world’s largest fund manager within greenfield renewable energy, Copenhagen Infrastructure Partners for a collaboration on hydrogen-based marine fuels. TAIPEI, Taiwan and COPENHAGEN, Denmark, Oct. 20, 2023 (Korea Bizwire) – Evergreen [...]

Copenhagen Infrastructure Partners Reaches Final Close of EUR ~2 Billion for Two New Funds

Copenhagen Infrastructure Partners Reaches Final Close of EUR ~2 Billion for Two New Funds

COPENHAGEN, Denmark, Oct. 16, 2023 (Korea Bizwire) – Copenhagen Infrastructure Partners has reached final close for its two new funds, CI Advanced Bioenergy Fund I (CI ABF I) and CI Green Credit Fund I (CI GCF I) with total LP commitments of EUR ~2bn. 2023 has been a record year for CIP, as in addition [...]

SK E&S and Copenhagen Infrastructure Partners Reach Financial Close on Jeonnam 1 Offshore Wind Project in Korea

SK E&S and Copenhagen Infrastructure Partners Reach Financial Close on Jeonnam 1 Offshore Wind Project in Korea

Jeonnam I – a 99-MW offshore wind farm off the coast of Shinan County, Jeonnam Province in the southwest of Korea – has reached financial close and construction completion of the wind farm is expected by the end of 2024 SEOUL, South Korea and COPENHAGEN, Denmark, Oct. 11, 2023 (Korea Bizwire) — Jeonnam I is [...]

CIP Reaches First Close on CI V at Nearly EUR 6 Billion – Set to Become the World’s Largest Fund of Its Kind

CIP Reaches First Close on CI V at Nearly EUR 6 Billion – Set to Become the World’s Largest Fund of Its Kind

COPENHAGEN, Denmark, July 10 (Korea Bizwire) — A large group of leading institutional investors across continental Europe, the Nordics, the UK, North America, and the Asia-Pacific region participated in the first close of CI V. Backed by the strong appetite of additional investors already in process, the fund is on track to reach its target [...]

POSCO International Inks Partnership with Danish Firm on Offshore Wind Power Development

POSCO International Inks Partnership with Danish Firm on Offshore Wind Power Development

SEOUL, June 27 (Korea Bizwire) — POSCO International Corp. said Tuesday it has signed an agreement with a Danish investment company to work together on the development of offshore wind power and cooperate in other green businesses. The memorandum of agreement was signed with Copenhagen Infrastructure Partners (CIP) on Monday, under which they will work [...]