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Vineyard Wind's 800-MW Offshore Project Progressing (Ind. Report)
Vineyard Wind, BOEM
Date: 2021-05-14
Vineyard Wind reports receipt of the U.S. DOI Bureau of Ocean Energy Management's (BOEM) Record of Decision (ROD) -- the federal review process for the 800-MW, 160,000-acre offshore wind project 15 miles off the coast of Martha's Vineyard.

The project, which will incorporate as many as 84 GE Haliade-X wind turbines, will be the first commercial scale offshore wind farm in the country, according to Vineyard Wind -- a joint venture between AVANGRID subsidiary Avangrid Renewables and Copenhagen Infrastructure Partners (CIP).

In response to comments and direct engagement with neighboring communities, environmental organizations and advocates, fisheries organizations, as well as governmental and tribal entities, the project has committed to: invest millions of dollars to develop and deploy innovative technologies and undertake scientific research to further safeguard marine mammals; to provide millions to compensate fishermen for potential loss of revenue and gear, as well as to enhance their ability to fish in and around the lease area; and use an Aircraft Detection Lighting System (ALDS) to ensure nighttime lights will only operate a few hours a year when aircraft are present.

Vineyard Wind expects the project will reach financial close in the second half of this year and begin delivering energy to Massachusetts in 2023. (Source: Vineyard Wind, PR, T&D World, 11 May, 2021)Contact: Vineyard Wind, (508) 717-8964, www.vineyardwind.com; BOEM, Connie Gillette, Public Affairs, Walter Cruickshank, Acting Dir., (202) 208-6474, www.boem.gov

More Low-Carbon Energy News Vineyard Wind,  Offshore Wind,  BOEM,  


Octopus Acquires UK Biomass Plants for NEST-Backed Fund (Int'l.)
Octopus Renewables,Copenhagen Infrastructure Partners
Date: 2021-04-30
Octopus Renewables has invested an undisclosed sum in two UK biomass plants -- one in Brigg, North Lincolnshire the other in Snetterton, East Anglia -- totaling 85.7MW from a joint venture by Copenhagen Infrastructure Partners (CIP) and the contractor Burmeister & Wain, The acquisition was on behalf of and backed by UK workplace pension provider Nest.

In March, Nest hired Octopus Renewables to help invest £250 million of UK defined-contribution pension capital in clean-energy infrastructure this year. Nest, which manages £16 billion of assets from the UK's auto-enrolment scheme is aiming to invest £1.4 billion in the European renewables sector by the end of the decade. (Source: Octopus Renewables, PR, IP&E, 28 Apr., 2021) Contact: Nest, www.nestpensions.org.uk; Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk

More Low-Carbon Energy News Octopus Renewables,  Biomass,  UK Biomass,  Copenhagen Infrastructure Partners ,  


CIP Plans Scotland Pentland Floating Offshore Wind Farm (Int'l.)
Copenhagen Infrastructure Partners
Date: 2021-01-22
Copenhagen Infrastructure Partners (CIP) reports it is seeking input from Scottish government Ministers for the proposed Pentland Floating Offshore Wind Farm to be constructed 6 km off the coast of Dounreay, Caithness.

The proposed project would be developed by Midlothia-based Highland Wind Ltd. and would incorporate 6-10 turbines of 10-16 MW mounted on foundation that could support either 1 or 2 turbines, and up to 25km of 66 kV dynamic array cables and up to 10-20km, 110 kV export cabling.

Financial close on the project is expected in 2024 with turbine installation and commissioning in 2026. (Source: CIP, Highland Wind Limited 4C Offshore, 18 Jan., 2021) Contact:Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk

More Low-Carbon Energy News Highland Wind Ltd.,  Copenhagen Infrastructure Partners,  Offshore Wind,  Floating Offshore Wind ,  


TRIG Buys Into Beatrice Offshore Wind Farm (Offshore Wind, M&A)
The Renewables Infrastructure Group,Copenhagen Infrastructure Partners
Date: 2021-01-20
In London, The Renewables Infrastructure Group (TRIG) is reporting acquisition of a 17.5 pct stake in Beatrice offshore wind farm from Copenhagen Infrastructure Partners (CIP). Located off the coast of Scotland, the 87-turbine, 588MW offshore wind farm was developed by SSE and came online in 2018.) (Source: The Renewables Infrastructure Group, PR, Splash, 18 Jan., 2021) Contact:Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk; The Renewables Infrastructure Group, www.trig-ltd.com

More Low-Carbon Energy News The Renewables Infrastructure Group,  Copenhagen Infrastructure Partners,  


Vestas Takes Stake in Copenhagen Infrastructure Partners (M&A)
Vestas,Copenhagen Infrastructure Partners
Date: 2020-12-21
Danish wind energy giant Vestas, the world's largest maker of wind turbines reports it has taken a €500 million ($612 million) 25 pct stake in the renewable asset manager Copenhagen Infrastructure Partners (CIP).

CIP holds a 35 pct stake in the Beatrice offshore wind farm in the U.K. and 50 pct stake in Vineyard Wind in the U.S. as well as solar, energy storage, transmission and waste to energy projects and facilities. CIP runs seven funds with €14 billion under management. (Source: Vestas, PR, GTM 18 Dec., 2020)Contact: Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk; Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, vestas@vestas.com, www.vestas.com

More Low-Carbon Energy News Copenhagen Infrastructure Partners,  Vestas,  


Bearkat II Texas Wind Farm Now Online (Ind. Report)
Copenhagen Infrastructure Partners
Date: 2020-10-23
Danish investment firm Copenhagen Infrastructure Partners (CIP) reports commercial operations are underway at the 162.2MW Bearkat II wind farm in Glasscock County, Texas. The project was jointly developed with Dallas-based Tri Global Energy LLC,

Bearkat II incorporates 47 units of Vestas V126-3.45MW turbines and to generate sufficient power for 56,000 average households per year. (Source: Copenhagen Infrastructure Partners, PR, 21 Oct., 2020) Contact: Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk; Tri Global Energy, Don Uber, SVP Inv. Relations, 972-707-3040, 972.290.0825, duber@triglobalenergy.com, www.triglobalenergy.com

More Low-Carbon Energy News Copenhagen Infrastructure Partners,  Tri Global Eenergy ,  


MHI, CIP Reporting Japan Offshore Wind JV (Int'l. Report)
Mitsubishi Heavy Industries,Copenhagen Infrastructure Partners
Date: 2020-07-31
Tokyo-headquartered Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) are reporting a 50/50 a joint venture to develop offshore wind projects off the coast of Hokkaido, in Japan.

MHI has established a presence within offshore wind via the joint venture MHI Vestas Offshore Wind, which is expanding into the Asian Pacific.

CIP is a global fund management company within renewable infrastructure investments established in 2012, having seven funds with approximately €10bn under management, investing in offshore wind, onshore wind, power transmission, biomass, energy-from-waste and solar projects. CIP entered the Japanese renewable energy market in 2018. (Source: Mitsubishi Heavy Industries, renews, 30 July, 2020) Contact: Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk; MHI , www.mhi.com/mitsubishi-heavy-industries-ltd-global-website; MHI Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, vestas@vestas.com, www.vestas.com

More Low-Carbon Energy News MHI Vestas,  Mitsubishi Heavy Industries,  Copenhagen Infrastructure Partners,  Japan Offshore Wind,  Offshore Wind,  Vestas,  


WindFloat Atlantic Operating at Full Capacity (Int'l. Report)
Vestas Offshore ,Principle Power
Date: 2020-07-29
MHI Vestas Offshore Wind is reporting installation of the third and last V164-8.4 MW wind turbine on Principle Power's semi-submersible WindFloat Atlantic test platform 20 km off the Portuguese coast. The V164-8.4 MW wind turbines are the largest commercially-operating wind turbines installed offshore on floating platforms anywhere in the world.

WindFloat Atlantic is the first floating offshore wind farm in continental Europe, and will deliver an installed capacity of 25 MW -- sufficient power for 60,000 consumers in one year. The WindFloat Atlantic project was developed by the Windplus consortium, made up of EDP Renewables, Engie, Repsol and Principle Power. (Source: MHI Vestas, PR, reve, 28 July, 2020) Contact: Principle Power, (510) 280- 5180, www.principlepowerinc.com; Vestas, +45 97 30 00 00, vestas@vestas.com, www.vestas.com

More Low-Carbon Energy News Principle Power,  Vestas,  WindFloat,  Offshore Wind,  Wind Turbine,  MHI Vestas,  Copenhagen Infrastructure Partners (CIP),  


Copenhagen Approves Energy Islands Hubs (Int'l Report)
Copenhagen Infrastructure Partners
Date: 2020-06-24
In Copenhagen, the Danish parliament reports it has approved plans for the world's first two energy island "hubs" and a 1GW North Sea offshore wind farm as included in the government's new climate plan . Technology-specific onshore wind and solar PV tenders for the project would be held in 2020 and 2021. According to Copenhagen Infrastructure Partners (CIP) the energy islands could be completed without government funding due to investors' -- Pension Danmark, PFA and SEAS-NVE -- expressed €50 million combined interest in the project.

Denmark plans to source 100 pct of its electric power from renewable energy by 2027, and to reduce emissions by 70 pct by 2030 from a 1990 baseline. (Source: WindPower, Various Trade Media, 22 June, 2020)

More Low-Carbon Energy News Copenhagen Infrastructure Partners,  Offshore Energy Hub,  Offshore Wind,  Solar,  


MHI Vestas Offshore Wind Claims Taiwanese Orders (Int'l. Report)
MHI Vestas
Date: 2020-02-28
MHI Vestas and Copenhagen Infrastructure Partners (CIP) are reporting financial closure on the Changfang and Xidao offshore wind projects totaling 589 MW in Taiwan.

The two projects will incorporate 62 units of Vesta's flagship V174-9.5 MW wind turbines. Changfang Phase 1 will comprise 10 wind turbines for an installed capacity of 95 MW and will be installed in 2022. Changfang Phase 2, comprising 47 wind turbines with an installed capacity of 446.5 MW, and Xidao, comprising 5 wind turbines with an installed capacity of 47.5 MW, will be installed in 2023.t

MHI Vestas Offshore Wind is a 50-50 joint venture between Vestas Wind Systems A/S and Mitsubishi Heavy Industries (MHI). The company designs, manufactures, installs and services wind turbines for the offshore wind sector. (Source: MHI Vestsa. PR, reve, 25 Feb., 2020) Contact: MHI Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, vestas@vestas.com, www.vestas.com; Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk

More Low-Carbon Energy News Taiwan Wind,  Offshore Wind,  Wind Turbine,  MHI Vestas,  Copenhagen Infrastructure Partners (CIP),  


CIP Pays €350Mn for Spanish Onshore Wind Portfolio (Int'l, M&A)
Copenhagen Infrastructure Partners
Date: 2019-09-13
Copenhagen Infrastructure Partners (CIP), the renewables specialist partly founded by PensionDanmark, is reporting acquisition of the 374 MW Monegros onshore wind portfolio in Aragon, Spain for more than €350 million. The acquisition will be financed with 100 pct equity from CIP's CI III fund.

The Monegros portfolio consists of nine individual projects comprising 99 GE wind turbines generating sufficient power for about 300,000 average Spanish households. Work has begun on the portfolio's first project. (Source: Copenhagen Infrastructure Partners, IP&E, 11 Sept., 2019)Contact: Copenhagen Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk

More Low-Carbon Energy News Copenhagen Infrastructure Partners,  Wind,  


Absaroka Montana Pumped Hydro Project Secures Funding (Funding)
Absaroka Energy
Date: 2019-07-17
Bozeman, Montana-based Absaroka Energy reports it has secured financing for a planned 400 MW pumped hydro project near Martinsdale, Montana, through an equity investment from Denmark's Copenhagen Infrastructure Partners (CIP).

The $1 billion closed loop Gordon Butte Pumped Storage Hydro project, which previously secured construction and operation permits from FERC, is designed to help integrate more renewable energy onto the Pacific Northwest electrical grid and could start work in 2020. GE Renewable Energy will supply the pump and turbine equipment for the project. (Source: Absaroka Energy, AP, Utility Dive, 15 July, 2019) Contact: Absaroka Energy, Carl Borgquist President and CEO, Eli Bailey, VP Bus. Dev., 406-585-3006, www.absarokaenergy.com

More Low-Carbon Energy News Absaroka Energy,  Pumped Energy Storage,  Energy Storage,  


CIP Unloads Equity Stake in Veja Mate Offshore Wind Farm (M&A)
Copenhagen Infrastructure Partners
Date: 2019-02-15
Copenhagen Infrastructure Partners (CIP), through the fund CI-II, is reporting the divestment of its 23,4 pct stake in the Veja Mate offshore wind farm alongside its co-shareholders Highland Group Holdings and Siemens Financial Services to a European consortium of investors composed of funds managed by Commerz Real, wpd invest, KGAL, and the Ingka Group.

Siemens Financial Services will retain a 20 pct ownership in the project company and CI-II will remain a lender to Veja Mate which is located in the German North Sea. The 67, 6.0-MW Siemens turbines totaling 402 MW project is one of the largest offshore wind farms in the North Sea.

CIP manages four funds totaling approximately €6.8 billion. (Source: Copenhagen Infrastructure Partners, Feb., 2019) Contact: Copenhage Infrastructure Partners, Kristina Negendahl Jessen, +45 70 70 51 51, cip@cip.dk, www.cip.dk

More Low-Carbon Energy News Offshore Wind,  Copenhagen Infrastructure Partners,  


CIP's Mitchell Solar Portfolio Construction Underway (Ind. Report)
Copenhagen Infrastructure Partners
Date: 2019-02-15
Copenhagen Infrastructure Partners (CIP) reports construction is underway on the Mitchell portfolio of utility-scale solar photovoltaic (PV) projects in North Carolina on behalf of the Copenhagen Infrastructure II (CI II) fund.

The project portfolio is geographically diversified across the state and will be implemented in multiple phases over the coming years starting with five projects. Mitchell represents CIP's first investment into Southeastern United States.

The first phase of Mitchell consists of five utility-scale solar PV projects totaling 23 MWAC. First Solar, Inc. will supply solar modules and provide ongoing operation and maintenance services. The projects, which will generate sufficient electric power roughly 5,000 homes, are slated to begin commercial operation in Q3 and have long-term PPAs with Duke Energy. The projects in the next phases of the Mitchell portfolio are expected to start construction later in 2019 to 2020. The Mitchell solar PV project portfolio is part of CIP's approximately 1.1 GWAC US solar PV portfolio. (Source: Copenhagen Infrastructure Partners, 8 Feb., 2019) Contact: Copenhagen Infrastructure Partners, Kristina Negendahl Jessen +45 70 70 51 51 cip@cip.dk, www.cip.dk

More Low-Carbon Energy News Copenhagen Infrastructure Partners,  Solar,  PV,  

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