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Home Renewable Wind

CIP launches CEI to develop energy islands globally

editor by editor
January 23, 2024
in Wind
Reading Time: 1 min read
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energy islands
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Copenhagen Infrastructure Partners (CIP) has launched Copenhagen Energy Islands (CEI), a new development company dedicated to developing energy islands globally. Copenhagen Energy Islands will build on CIP’s long-standing experience and expertise in offshore wind. Furthermore, it is currently developing a portfolio of around 10 energy island projects around the North Sea, the Baltic Sea and Southeast Asia.

CEI is an independent company, majority-owned by CIP and a group of investors. The founding group includes major Nordic, European and North American investors with a track record of investments in renewable energy infrastructure, including Pension Danmark, PFA, SEB, and Andel. Energy islands are large-scale offshore energy hubs that will enable massive scaling as they combine existing, proven technologies in a new and innovative way and at a significantly larger scale, allowing for a cost-efficient build-out and integration of offshore wind.

In November 2023, CIP, on behalf of its Copenhagen Infrastructure IV (CI IV) fund, began construction on Buffalo Plains. It is a 495 MW wind farm consisting of 83 Siemens-Gamesa turbines located in Vulcan County, Alberta. CIP had acquired Buffalo Plains in 2022 from ABO Wind.

Tags: CEICIPinnovativeoffshore energyOffshore WindRenewable Energywind farm
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