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Rune Damgaard Assumes CEO Role of Copenhagen Offshore Partners in the Philippines, Continues to Lead 2 GW Offshore Wind Portfolio

Posted on: May 14th, 2025 by Jason Weight No Comments

May 14, 2025 – Copenhagen, Denmark and Manila, Philippines 

Copenhagen Offshore Partners (COP), a global leader in offshore wind development, construction, and operations, has announced that Rune Damgaard has been appointed CEO of COP Philippines. He will continue to advance a 2GW project development portfolio in the Philippines on behalf of Copenhagen Infrastructure Partners (CIP). COP is the exclusive offshore wind development partner to CIP.  

Damgaard has served as Co-CEO of the Philippines market alongside Jesper Krarup Holst, COP Partner and Head of APAC, since January 2024. He previously served as Deputy CEO and Procurement Director at COP for the 500 MW Fengmiao I project in Taiwan.

Holst will continue leading COP’s greater APAC market strategy, which includes approximately 21GW of projects in early to late-stage development in both new and advanced markets. 

“I am proud to be trusted with leading our team in the Philippines and believe offshore wind holds great potential to contribute to the government’s renewable energy and climate ambitions,” said Damgaard. “We are committed to advancing our projects through close community engagement and I thank all of our stakeholders for their tremendous support and continued collaboration as we progress activities this year and into the future.”  

“Rune has done a tremendous job creating momentum in this new market together with our project team,” added Jesper Krarup Holst, Partner and Head of APAC at COP. “Offshore wind development is complex, but we are confident that under Rune’s leadership we will unlock its full potential in the Philippines, driving renewable energy advancements in the region.”  

CIP and COP’s 2 GW portfolio of offshore wind projects in the Philippines are expected to create around 4,500 jobs during the development and operations period, as well as generate enough electricity to power approximately one million households, which would offset 2.9 million tonnes in CO2 emissions per year for the duration of their 25-year contracts.  

CIP and COP are targeting delivery of Philippines projects by 2028 and are committed to developing them in partnership with the Philippines government and local stakeholders to support the nation’s climate, renewable energy, and economic development goals.   

 

About Copenhagen Offshore Partners 

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, construction, and operations. COP is unlocking the full potential of offshore wind to power the world through the development of a 50+ GW project portfolio from Asia Pacific to Europe and the Americas. An industry pioneer, COP is safely and sustainably delivering projects in new and established markets, such as the recently constructed and advanced stage projects Changfang & Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States, and Jeonnam 1 in Korea. COP also implements new solutions as a first mover or fast follower to open new opportunities through flexible offtake offerings, partnerships, and supply chain solutions. COP is a proudly independent company owned by its management. Learn more at www.cop.dk    

Fengmiao I Offshore Wind Farm Reaches Financial Close; Mark Wainwright Appointed CEO of the 495 MW Project

Posted on: March 19th, 2025 by Jason Weight No Comments

19 March, 2025 – Copenhagen, Denmark and Taipei, Taiwan 

The Fengmiao I offshore wind project in Taiwan has successfully reached financial close through Copenhagen Infrastructure Partners (CIP) fund Copenhagen Infrastructure V (CI V). Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is leading development of Fengmiao I. COP is the exclusive offshore wind development partner to CIP.   

Mark Wainwright, COP Vice President, has been appointed CEO of the 495 MW project and will lead COP and project partners through construction, which is scheduled for 2027, and into operations. He succeeds Joris Hol, who has led Fengmiao I since 2023 through financial close. 

“Reaching project financing for Fengmiao I is a tremendous achievement for our team and a testament to the commitment of our partners,” said Joris Hol, COP Vice President. “It has been an honour to lead this project to financial close and I know the team will be successful to deliver the project safely and in close collaboration with our important stakeholders in Taiwan.” 

Fengmiao I has secured an approximately NTD $ 103 billion (USD 3.1bn) project financing from 27 international and Taiwanese banks. A portion of the project finance debt will be guaranteed by four export credit agencies (ECAs) and Taiwan’s National Credit Guarantee Administration. Fengmiao I is scheduled to complete construction by the end of 2027 and a group of six large local and international corporate offtakers have entered into long-term corporate power purchase agreements with Fengmiao I for its entire capacity.   

Mark Wainwright, CEO of Fengmiao I shared, “As we embark on the construction phase, we do so proudly in the knowledge that we are accelerating Taiwan’s energy transition, advancing toward its goal to install 15 GW of additional offshore wind capacity between 2026 and 2035, and revitalising the communities in which we operate.” 

“Offshore wind is facing headwinds in several markets and therefore reaching financial close for Fengmiao I demonstrates our commitment to delivering offshore wind even in uncertain times,” added Jesper Krarup Holst, Partner and Head of APAC at COP. “Our collaboration with CIP and the supportive landscape in Taiwan – in both the legislature and in the Taiwanese community – reinforce our belief in the massive potential for offshore wind development in the region, and we look forward to delivering this project on time and on budget.” 

Fengmiao I will be COP and CIP’s third offshore wind project to be developed in Taiwan following the successful construction of Changfang & Xidao and Zhongneng. In December 2022, Fengmiao I secured site exclusivity and 500MW grid capacity in Taiwan’s Round 3.1 auction and is the first of Taiwan’s Round 3 projects to reach financial close and the first to start construction. Fengmiao I will be constructed by a group of international and local suppliers, all with track records from previous offshore wind projects in Taiwan. Vestas is the turbine supplier to CIP’s two existing projects and will also supply 33 units of its latest 15MW turbine to Fengmiao I.  

 

About Copenhagen Offshore Partners (COP)
Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through the development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States, and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk  

 

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X. 

CIP manages 12 funds and has to date raised approximately EUR 32 billion for investments in energy and associated infrastructure from more than 180 international institutional investors. CIP has approximately 500 employees and 14 offices around the world. For more information, visit www.cip.com 

 

  

Holly Cartwright and Virginia Ruiz Albacete Appointed Co-CEOs of Copenhagen Offshore Partners in the United Kingdom & Ireland

Posted on: March 18th, 2025 by Jason Weight No Comments

18 March, 2025 – Copenhagen, Denmark and Edinburgh, United Kingdom 

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has announced the appointment of Holly Cartwright and Virginia Ruiz Albacete as Co-CEOs of COP UK and Ireland. They succeed COP Partner Alan Hannah, who will continue as COO and Head of Europe for the UK, Ireland and Italy. 

Holly and Virginia will build on the strong foundation Alan has created to strengthen and further develop the current 5 GW offshore wind portfolio in the UK and Ireland, as well as lead other early market development activities on behalf of Copenhagen Infrastructure Partners (CIP) and project partners. COP and CIP’s UK and Ireland portfolio includes the Ossian and Pentland floating offshore wind projects in Scotland, NISA in Ireland, and the Morecambe offshore wind project in England. COP is the exclusive offshore wind development partner to Copenhagen Infrastructure Partners.  

“We are stepping into these roles with a clear vision for COP UK’s future,” said Holly.  “Our focus will be on driving operational excellence and innovation to maintain and build on COP UK & Ireland’s position as a leader in offshore wind.” 

 “Our priority is to unite our team and sharpen our strategic direction to seize market opportunities,” added Virginia. “Together, we will reinforce our commitment to delivering results and achieving sustainable growth for our rapidly evolving portfolio, maintaining the collaborative and supportive environment that defines COP UK.” 

“Having Holly and Virginia at the helm as Co-CEOs is an exciting development for COP UK,” said Alan Hannah, COP Partner and Head of Europe. “Their combined expertise and visionary leadership will propel our projects forward and strengthen our commitment to accelerating the UK’s energy transition.” 

 

About Copenhagen Offshore Partners (COP)    

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team are advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

Jonathan Spink Assumes CEO Role of Copenhagen Offshore Partners in Korea, Continues to Lead 5 GW Offshore Wind Portfolio

Posted on: March 12th, 2025 by Jason Weight No Comments

12 March, 2025 – Copenhagen, Denmark and Seoul, Korea 

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has announced that Jonathan Spink has been appointed CEO of COP Korea. Since 2023, Spink has served as Co-CEO of COP Korea alongside David Yoo, who departed the company in February.  

As CEO, Spink will continue to advance an approximately 5 GW offshore wind portfolio in Korea, on behalf of Copenhagen Infrastructure Partners (CIP) and project partners. COP and CIP’s Korean offshore wind portfolio includes Jeonnam 1, 2 and 3 with SK Innovation E&S, Haewoori 1, 2, and 3, Haesong 1 and 3, and Taean with Vena Energy, along with projects in the Shinan and Younggwang provinces. COP is the exclusive offshore wind development partner to CIP. 

“COP’s approach to offshore wind development in Korea has been strategic, bold, and community-focused,” said Spink. “It’s an honour to lead this team and continue the impactful work of unlocking offshore wind and accelerating the transition to net zero in Korea.” 

“Jonathan’s leadership skills and deep understanding of the market will be invaluable as he takes on this expanded role,” added Jesper Krarup Holst, Partner and Head of APAC at COP. “His vision aligns perfectly with our commitment to driving renewable energy advancements in the region, and I am confident that under his direction, COP Korea will continue to thrive and meet our ambitious objectives.” 

 

About Copenhagen Offshore Partners (COP)    

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team are advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk   

Copenhagen Offshore Partners to Lead Development of Morecambe, a Fixed-Bottom Offshore Wind Project in the United Kingdom

Posted on: February 26th, 2025 by Jason Weight No Comments

26 February 2025 – Copenhagen, Denmark and London, UK  

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is proud to announce it will be leading the development and construction for the offshore wind project Morecambe in the United Kingdom. Copenhagen Infrastructure Partners (CIP) have acquired full ownership of the project from Cobra IS, a COBRA Group company, and Flotation Energy, owned by TEPCO. COP is the exclusive offshore wind development partner of CIP. 

Morecambe is a 480MW fixed-bottom offshore wind project located 30km from the Lancashire coast in the Eastern Irish Sea. The project lease was secured in the UK Offshore Wind Leasing Round 4 in 2021, and consent applications have been submitted. Final investment decision (FID) is expected in 2027, pending consent award and successful CfD bid. 

Alan Hannah, COP Partner and Head of Europe, said: “The Morecambe project not only grows our global offshore wind development portfolio, but it is an exciting and important step in our long-standing commitment to assisting the UK in meeting its 2030 targets.” 

Nischal Agarwal, Partner at CIP, said: “We are very pleased with the acquisition of Morecambe and look forward to developing this exciting project in collaboration with local communities, government, and industry. We are excited to contribute to the UK’s move towards a cleaner energy system and believe Morecambe has a role to play on this journey. The UK is a very mature offshore wind market with strong fundamentals. And Morecambe represents an attractive opportunity to increase our UK offshore wind footprint and develop a large-scale project with a robust contractual framework, while also securing attractive risk-adjusted returns to our investors.” 

CIP’s acquisition integrates the Morecambe project into its UK development portfolio, which also includes the Pentland and Ossian Floating Offshore wind farms (100 MW and 3600 MW, respectively, both located in Scotland), currently under development by COP. 

 

About Copenhagen Offshore Partners (COP)
Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through the development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States, and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

About Copenhagen Infrastructure Partners      

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.      

CIP manages 12 funds and has to date raised approximately EUR 32 billion for investments in energy and associated infrastructure from more than 180 international institutional investors. CIP has approximately 500 employees and 14 offices around the world.     

For more information, visit www.cip.com          

Taean Wind Power Secures Fixed-Price Offtake Contract to Develop Offshore Wind Project in Korea

Posted on: February 7th, 2025 by Jason Weight No Comments

February 7, 2025 – Copenhagen, Denmark and Seoul, Korea 

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is proud to announce the successful award of an offtake contract for Taean Wind Power in the 2024 Wind Power Fixed-Price Contract Auction, arranged by the Korea Energy Agency (KEA).  

The Taean Wind Power project, a fixed-bottom offshore wind project with a planned capacity of 500 MW, is targeting construction commencement in the second half of 2026, with commercial operations anticipated by late 2029.  

To support the completion of the development phase and the transition to construction and operations, Taean Wind Power has entered into service agreements with Copenhagen Offshore Partners (COP) and Vena Energy’s development, engineering, construction, operation and asset management functions harnessing their combined expertise to ensure the successful delivery of this landmark project.  

COP is the exclusive offshore wind development partner to CIP. CIP, through its flagship fund Copenhagen Infrastructure V, acquired a 49% stake in Taean Wind Power in late 2024. Vena Energy retains majority ownership of Taean Wind Power. 

COP Korea CEO, Jonathan Spink stated, “The Taean Wind Power project represents a significant step in our commitment to advancing renewable energy in Korea. By partnering with industry leaders, we are excited to create sustainable energy solutions that will benefit local communities and support the country’s energy independence.” 

“By securing a contract for the Taean Wind Power project, we are increasing our footprint in Korea and carrying forward our commitment to support the government’s ambitious renewable energy goals,” said Jesper Krarup Holst, Partner and Head of APAC at COP.  

The Taean Offshore Wind Project is designed to deliver significant economic and environmental benefits, revitalizing the local economy, creating meaningful job opportunities, and enhancing the resilience of the local supply chain. Collaborating with key stakeholders including LS Cable & System, a globally renowned leader in cable technology from Korea, Taean Wind Power unites industry leaders in offshore wind development, supply, construction, and operations. This collective expertise establishes a robust foundation to generate enough clean energy to power approximately 300,000 Korean households annually.  

COP is currently leading development for approximately 5 GW of offshore wind projects in Korea. The Jeonnam 1, Jeonnam 2 and Jeonnam 3 projects are planned to have a total capacity of 800MW, and the Haewoori floating offshore wind project will have an operational capacity of 1.5 GW. All of these projects are being developed in close coordination with local stakeholders and the Korean government to achieve their goal of deploying 14.3 GW of offshore wind power by 2030.    

 

About Copenhagen Offshore Partners (COP)   

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team are advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

 

About Copenhagen Infrastructure Partners     

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.     

CIP manages 12 funds and has to date raised approximately EUR 28 billion for investments in energy and associated infrastructure from more than 160 international institutional investors. CIP has approximately 500 employees and 12 offices around the world.    

For more information, visit www.cip.com        

 

About Vena Energy

Vena Energy, a leading green energy solutions provider in the Asia Pacific region, is accelerating the transition to sustainable and affordable renewable energy that delivers lasting economic, social, and environmental benefits to our host communities and stakeholders.   

We provide green energy and digital solutions to our customers, which are powered by a renewable energy portfolio of Onshore Wind, Solar, and Offshore Wind projects totaling 39 GW[1] and a green infrastructure pipeline including 24GWh of BESS[2], 620MW DC of Data Centres, and 0.8MTPA of Green Hydrogen and Ammonia.  

With an extensive local presence of over 1,000 employees across 80 corporate and site offices globally, Vena Energy endeavors to drive the broader adoption of low-carbon energy, thereby contributing to the goal of combatting climate change and engineering a greener future. 

For more information, please visit www.venaenergy.com, or follow us on LinkedIn, Facebook, Instagram. 

[1] as of 30 September 2024. 

[2] Includes 0.2GWh BESS OCC portfolio 

Jeonnam 1 Offshore Wind Farm Completes Installation of All Wind Turbines

Posted on: January 6th, 2025 by Jason Weight No Comments

January 6, 2025 – Seoul, Korea and Copenhagen, Denmark 

 

The Jeonnam 1 Offshore Wind Farm in Korea successfully completed installation of all wind turbines on December 18, 2024, marking a significant milestone for South Korea’s offshore wind sector and the nation’s goals for sustainable energy. Copenhagen Offshore Partners, a global leader in offshore wind development and construction, has co-led project development activities for Jeonnam 1. 

Jeonnam 1 is a pioneering 96 MW offshore wind farm located in Shinan county off the southwest coast of Korea. It represents the first privately-led large-scale offshore wind power project in Korea. Construction on Jeonnam 1 began in early 2023 and turbine installation commenced in September 2024. Commercial operations are expected in the first half of 2025. When fully operational, Jeonnam 1 will provide green electricity to power approximately 60,000 households. 

“Completing the turbine installation before year-end demonstrates the dedication, expertise, and collaborative spirit of everyone involved,” stated Jesper Krarup Holst, COP Partner, Head of APAC, and COO of the Jeonnam 1, 2 and 3 portfolio. “CIP and SK Innovation E&S have provided unwavering support throughout, and we are incredibly proud to deliver this essential step towards full-scale clean power generation. Jeonnam 1 is poised to play a meaningful role in South Korea’s renewable energy future, and we look forward to the next phase as we prepare for commissioning and energisation.” 

Ryan Colbeck, Senior Director at COP and EPC Director for the Jeonnam 1 Project added, “This milestone is a testament to the planning, technical know-how, and strong partnerships that have guided Jeonnam 1 from conception to reality. With the installation now complete, our attention turns to ensuring that the final stages of the project are carried out with the same level of safety, quality, and commitment. We are on track to deliver a world-class offshore wind asset that will benefit both the local community and Korea’s efforts to combat climate change.” 

The Jeonnam 1 Offshore Wind Farm is developed with a local growth mindset. The project team has engaged closely with local communities, businesses, and stakeholders to share development profits, which are revitalizing domestic jobs and supporting the growth of Korea’s national offshore wind industry. The project has established contracts with Korean suppliers and utilizes local ports and facilities. 

Jeonnam 1 is a joint venture spearheaded by Copenhagen Infrastructure Partners (CIP), through CIPs fund Copenhagen Infrastructure III (“CI III”), and SK Innovation E&S, one of the largest conglomerates in South Korea. COP is the exclusive offshore wind development partner to CIP. CIP and SK Innovation E&S, as Project Sponsors, continue to demonstrate confidence in the rapid growth potential of Asia’s offshore wind sector and the exceptional capabilities of COP’s project management teams. 

 

About Copenhagen Offshore Partners (COP)  

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team are advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

 

About Copenhagen Infrastructure Partners    

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.    

CIP manages 12 funds and has to date raised approximately EUR 28 billion for investments in energy and associated infrastructure from more than 160 international institutional investors. CIP has approximately 500 employees and 12 offices around the world.   

For more information, visit www.cip.com      

Zeevonk Secures Power Purchase Agreement in the Netherlands

Posted on: December 18th, 2024 by Jason Weight No Comments

December 18, 2024 – Copenhagen, Denmark 

As part of the Zeevonk joint venture in the Netherlands, Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, announced it has entered a power purchase agreement with Google. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction and the exclusive offshore wind development partner to CIP, is working together with Vattenfall to deliver the Zeevonk project.  

Under the power purchase agreement, Google NL will purchase 250 MW wind power generated at the Zeevonk project to power its local datacenters for 15 years. The agreement includes an option to increase the power purchase up to 500MW.  

The Zeevonk joint venture between CIP and Vattenfall blends offshore wind, solar energy, and green hydrogen at scale. It consists of a 2 GW offshore wind farm and a 50 MWp floating offshore solar farm located 62 km off the Dutch coast. The project is expected to be operational in 2029. A significant part of the electricity generated by the offshore wind and solar farm will be converted into green hydrogen at a large-scale electrolyser plant at the port of Rotterdam.  

“This is an important milestone for the Zeevonk partnership and the future of the energy transition in Europe,” said Keld Bennetsen, Senior Vice President and Europe Market Lead at COP. “We need dynamic solutions to achieve our climate and renewable goals. The Zeevonk project is doing just this, first with the dynamic structure of the project itself and now with this power purchase agreement with Google.”   

Søren Toftgaard, partner at CIP, said: “We are pleased to announce this long-term renewable energy purchase agreement and look forward to support Google’s decarbonisation goals. The agreement represents an important milestone for CIP – and it highlights the strength of Zeevonk and underlines the new market opportunities for clean energy created by the growth of data centers. We are excited to move Zeevonk forward together with our partners at Vattenfall and develop a project that drives local growth and jobs, provides clean energy and delivers attractive risk-adjusted returns to our investors.”  

“Google partnered with CIP ahead of the government tender for this subsidy-free, GW-scale project. We are proud of the outcome and close collaboration with CIP. The Zeevonk project is designed with system integration at heart and combines offshore wind, floating solar and green hydrogen. The partnership with CIP, will bring new carbon-free energy to the Dutch grid and power our operations in the country that provide digital tools, artificial intelligence and related services around the world. Together with the existing power purchase agreements we have previously signed in The Netherlands, this agreement is a major milestone towards our ambition to operate on 24/7 Carbon Free Energy (CFE), everywhere we operate, by 2030. This agreement is also an example of how collaboration can enable 24/7 CFE for multiple types of electricity use, including Google’s operations but also for electrolyzers to produce hourly matched renewable hydrogen. We are excited to contribute to the Dutch energy transition where hydrogen will play an essential role”, said Adam Elman, Director of Sustainability EMEA, Google.” 

 

About Copenhagen Offshore Partners (COP) 

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team are advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk 

 

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X. 

CIP manages 12 funds and has to date raised approximately EUR 31 billion for investments in energy and associated infrastructure from more than 180 international institutional investors. CIP has approximately 500 employees and 14 offices around the world. For more information, visit www.cip.com