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Copenhagen Offshore Partners | Jason Weight

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Ijmuiden Ver Beta Offshore Wind Project Permit Awarded in the Netherlands

Posted on: June 13th, 2024 by Jason Weight No Comments

June 13, 2024 – Copenhagen, Denmark & Utrecht, the Netherlands:

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is proud to announce the successful award of a permit to construct the IJmuiden Ver Beta offshore wind project in the Netherlands. This landmark 2 GW offshore wind project will include a 50MW floating offshore solar farm on site and a new electrolyser at the Port of Rotterdam which will convert electricity of IJmuiden Ver Beta to green hydrogen.

The IJmuiden Ver Beta project is delivered by Zeevonk, a joint venture of Copenhagen Infrastructure Partners (CIP) Energy Transition Fund and Vattenfall. As the exclusive offshore wind development partner to CIP, COP will be involved in the development of IJmuiden Ver Beta together with Vattenfall.

“We are thrilled to be awarded the IJmuiden Ver Beta project, which will become one of the largest renewable energy initiatives in Europe once complete,” said Keld Bennetsen, Senior Vice President at COP. “We look forward to working together with local stakeholders, as well as our CIP and Vattenfall partners, to contribute to the Netherland’s journey towards a renewable energy future.”

Felix Pahl, Partner at CIP, added: “The Netherlands is at the forefront of the energy transition with ambitious offshore wind and hydrogen targets and stands out as a pioneer in this field. We at CIP are confident that our strong partnership with Vattenfall will support and contribute to the Netherlands’ journey towards a carbon-neutral future. The award of IJmuiden Ver Beta is a milestone for CIP’s Energy Transition Fund and an important step in realizing an integrated energy system in the North Sea.”

The project’s 50 MW floating solar component is a major step forward in optimizing the use of offshore space. Alongside the wind farm, the solar farm will leverage shared grid connections for improved efficiency. This integration exemplifies how renewable energy sources can complement each other to maximize their benefits.

 

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 17 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 (CIP)

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. This includes the largest dedicated greenfield green hydrogen fund worldwide, Copenhagen Infrastructure Energy Transition Fund I (CI ETF I). CI ETF I has built a market leading portfolio of Power-to-X projects, with around 6.5 GW of electrolyser capacity in its development portfolio globally.

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

 

Changfang and Xidao Offshore Wind Farms Complete Construction in Taiwan

Posted on: May 22nd, 2024 by Jason Weight No Comments

May 22, 2024 – Copenhagen, Denmark and Taipei, Taiwan: 

Today, the Changfang and Xidao offshore wind project was inaugurated in Taiwan, marking completion of construction activities which represent a total installed capacity of 600 MW. The Changfang and Xidao project increases Taiwan’s combined offshore capacity by approximately 25% and contribute significantly to Taiwan’s energy transition and ambitious net-zero goals. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has led project development activities for Changfang and Xidao on behalf of the project’s owners. 

Changfang and Xidao is majority owned by Copenhagen Infrastructure Partners’ (CIP) Flagship funds CI II and CI III. Thailand-based Global Power Synergy Public Company (GPSC) and two Taiwanese life insurance companies, Taiwan Life and Transglobe Life, each own minority stakes. COP is the exclusive offshore wind developer for CIP. 

The Changfang and Xidao project is the first offshore wind farms to be developed in Asia Pacific by CIP and COP. They have one of the highest degrees of localization, i.e. use of local suppliers and vendors in the history of Taiwan’s offshore wind industry. The project is located 11 kilometers off the west coast of Taiwan and consist of 62 Vestas V174 turbines and jacket foundations supplied by Taiwan’s Century Wind Power. When fully operational, Changfang and Xidao will generate enough renewable energy to power approximately 650,000 local households and will deliver an annual expected CO2 reduction of 1.1 million tons. 

Located off the coast of Changhua, the Changfang and Xidao project was awarded by Taiwan’s Ministry of Economic Affairs’ Energy Administration in 2018. The project generated first power in 2022 and now aims for the earliest electricity license approval to commence the commercial operational phase for the entire windfarm.  

“This milestone is a result of the dedication and collaborative efforts of the Changfang and Xidao project team, including COP, CIP, and our network partners who have worked together with local stakeholders in Taiwan to overcome challenges such as disruptions caused by the COVID-19 pandemic, typhoons, and earthquakes to meet the construction schedule,” said Dennis Sanou, Vice President at COP and Changfang and Xidao Project CEO.  

“Changfang and Xidao is our first project in Asia Pacific to complete the construction phase and only less than seven years ago since we opened our office in Taiwan,” said Jesper Krarup Holst, Partner at COP. “Completion of construction has been reached which is a massive achievement by the Changfang and Xidao project team in light of all the challenges the project has faced since entering the construction phase in early 2020 just before the COVID-19 pandemic hit the world.” 

The Changfang and Xidao project is the first windfarm in Taiwan’s offshore wind history to be completed with such a comprehensive level of localization. When combined with the Zhongneng Offshore Windfarm in Taiwan, which is jointly owned by CIP and China Steel and of which project development activities are also being led by COP, these two projects represent 900MW of capacity and the largest scale of localization opportunities for Taiwan-based suppliers.  

CIP has a significant portfolio of 21 GW offshore wind in the Asia Pacific and together with COP as lead developer of the portfolio, they are among the frontrunners in build-out of offshore wind in both Taiwan, Korea, and Australia. Since entering Taiwan in 2017, CIP and COP have been committed to offshore wind in the country, investing significantly in developing Taiwan’s offshore wind projects, its supply networks and in fostering a strong industry ecosystem.  

COP is leading development on behalf of CIP for three offshore wind projects in Taiwan with a combined capacity of approximately 1,400 MW: Changfang and Xidao (600MW), Zhongneng (300MW), and Fengmiao (500MW). Zhongneng is owned by CIP’s CI IV Fund and China Steel Corporation, and is under construction with commercial operations expected in 2025. Fengmiao is owned by CIP’s CI V Fund. 

 

About Copenhagen Offshore Partners  

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 17 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   

 

Star of the South and Kut-Wut Brataualung Projects Secure Offshore Wind Leases in Australia. Australia and New Zealand Projects to Live Under New Brand, Southerly Ten.

Posted on: May 1st, 2024 by Jason Weight No Comments

May 1, 2024 – Copenhagen, Denmark & Melbourne, Australia: 

As part of the team behind Star of the South, Australia’s most advanced offshore wind project, Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is proud to have secured two of the country’s first feasibility licences, paving the way for increased jobs and investment in Australia’s clean energy future. The Australian Government today confirmed licence recipients following a detailed assessment of applications submitted for the Gippsland offshore wind zone last year.

Both projects are being progressed by Southerly Ten – a specialist offshore wind developer unveiled today by the team behind Star of the South and Copenhagen Infrastructure Partners (CIP). CIP has established Southerly Ten to unlock the energy, climate and economic benefits of offshore wind in Australia and New Zealand. Copenhagen Offshore Partners is the exclusive offshore wind development partner to CIP.

Southerly Ten’s two Gippsland projects are:

Star of the South – a 2.2 GW project within a 586km2 area located at least 10 kilometres off the Gippsland coast, between Port Albert and Woodside Beach.

Kut-Wut Brataualung – a 2.2 GW project within a 689 km2 area located 45 kilometres from the southern tip of Wilsons Promontory. The project is named in partnership with the Gunaikurnai Land and Waters Corporation (GLaWAC) recognising a family group of the Brataualung peoples that lived in and around the Toora area.

 

 

Built to their full potential, these projects would power more than 2.4 million homes, inject $14 billion into the Australian economy – including up to $7 billion in the Gippsland region – and create up to 12,000 jobs over the life of the projects, including hundreds of ongoing long-term Gippsland-based jobs during 30 years of operations.

COP Australia CEO and Southerly Ten’s CEO, Charles Rattray, welcomed the licence announcements as a critical next step for driving near term jobs and investment in Australia. “These licences signal that Australia is open for business and open to the economic opportunities offshore wind can provide for our regional communities,” he said. “Star of the South is already well progressed – we’ve studied this area for five years under an Exploration Licence and know it’s in a location with strong winds, ideal sea depths and suitable seabed conditions. Kut-Wut Brataualung is at an earlier stage, so our first steps will be to study the wind and local environment and build a really comprehensive understanding of that specific area, while consulting with local Gippsland communities.”

COP Australia CDO and Southerly Ten’s CDO Erin Coldham said the result would bring more jobs and investment to Australia, while supercharging the nation’s efforts to meet its climate, energy and economic goals.“Offshore wind is a game-changer for Australia, representing a scale up in our global climate commitments and ambition, while bringing new economic opportunities to our shores,” she said. “Regions like Gippsland have powered our nation for the past 100 years – offshore wind can continue the tradition for the next generation and we’re already seeing the benefits flow. Star of the South has already created jobs for locals and injected millions into the Gippsland economy, supporting local businesses, vessels and fishers at this early development stage – we look forward to continuing this investment in Gippsland’s people and future with our two projects going forward.”

A feasibility licence is the first approval needed to start investigating and planning an offshore wind farm, while further approvals are needed to proceed to construction, incorporating years of community and stakeholder engagement as projects work through the different development stages.

Southerly Ten is powered by investment from Copenhagen Infrastructure Partners (CIP) – the world’s largest fund manager dedicated to greenfield renewable energy investments and a global leader in offshore wind.

Head of CIP Australia, Jorn Hammer, said Southerly Ten will lead the development and delivery of CIP’s local offshore wind portfolio. “CIP was an early believer in Australia’s offshore wind potential, proudly working with our partner Cbus, local communities, government and industry to kick-start an offshore wind industry. since 2017,” he said. “We’re excited to move forward with Southerly Ten to explore more opportunities to bring investment, jobs and energy to regional Australia and New Zealand.”

The name Southerly Ten reflects the company’s dedicated focus on Australia and New Zealand, and its aspiration to deliver ten gigawatts of new offshore wind capacity across the region.

Southerly Ten is also pursuing a feasibility licence in the Hunter region for its Destiny Wind project, with a focus on early community and stakeholder engagement to understand local views and opportunities.

 

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About Copenhagen Offshore Partners 

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 currently under construction – Changfang 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 17 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 Southerly Ten

Southerly Ten is a specialist offshore wind energy developer for Australia and New Zealand, from the team behind Star of the South and backed by CIP. We bring unmatched commitment and capability to our mission – to advance a local offshore wind industry and leave a positive legacy of clean energy for future generations. www.southerlyten.com.au

 

About Copenhagen Infrastructure Partners (CIP)

Southerly Ten is powered by Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager dedicated to greenfield renewable energy investments and a global leader in offshore wind. CIP has been progressing Star of the South since 2017 together with Cbus Super and Australian Founders. CIP partners with superannuation funds worldwide, including Cbus Super and NZ Super, to build worker’s retirement nest eggs with investments that support the global energy transition. CIP invests for impact, with a goal to deploy more than $150 billion equity to reduce global carbon emissions by 1% by 2030. www.cip.com

 

7SeasMed Floating Offshore Wind Project Receives Environmental Impact Assessment Approval, the First for a Floating Offshore Wind Project in Italy

Posted on: March 22nd, 2024 by Jason Weight No Comments

March 22, 2024 – Sicily, Italy and Copenhagen, Denmark:

Yesterday, the 250MW 7SeasMed Floating Offshore Wind Project was granted approval of its Environmental Impact Assessment (EIA) by the Italian Ministry for Environment and Energy Security. This is the first EIA approval for a floating offshore wind project in Italy and marks an important milestone to jumpstart the offshore wind industry and support Italy’s renewable energy and climate goals. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, serves as lead developer for the project, which is owned by a consortium including GreenIT, the Italian renewable energy joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments. 

7SeasMed is a 250MW floating offshore wind project that will be located approximately 35 kilometers off the coast of Marsala, Sicily. Approval of the EIA paves the way for construction and operation of the offshore wind farm, which will use cutting edge-technologies and environmentally-conscious practices. 7SeasMed also positions Sicily as an important hub for renewable energy generation in Italy and bolsters the country’s commitment to carbon neutrality.  

“We are delighted to receive EIA approval for the 7SeasMed floating offshore wind project off the coast of Sicily,” said Michele Schiavone, COP Italy CEO and Project CEO for 7SeasMed. “This represents a significant achievement in our mission to accelerate the energy transition and combat climate change. The project underscores our commitment to pioneering innovative solutions that balance energy needs with environmental stewardship.” 

“The EIA Decree is the result of our robust and collaborative approach to all environmental disciplines, including stakeholder engagement and dialogue the 7SeasMed team has conducted with public bodies at both the national and local levels” said Alan Hannah, COP Partner and Europe Market Development Lead. “Floating offshore wind is moving from demonstration to first industrialisation and we are proud to have 7SeasMed play a key role in this momentum.”

Floating offshore wind represents a transformative approach to renewable energy production, harnessing the vast potential of offshore wind resources in deeper waters where traditional fixed-bottom installations are unable to be deployed. By utilizing innovative floating platforms anchored to the seabed, 7SeasMed aims to unlock new opportunities for sustainable energy generation while minimizing environmental impact. 

7SeasMed will deliver numerous benefits to Italian communities and the economy, including: 

  • Clean Energy Generation: With a capacity of 250MW, 7SeasMed will contribute to Sicily’s renewable energy capacity, reducing reliance on fossil fuels and lowering carbon emissions. 
  • Job Creation and Economic Growth: The project will create job opportunities during the construction and operation phases, stimulating economic growth in the region and supporting local communities. 
  • Technological Innovation: By deploying state-of-the-art floating platform technology, the project showcases advancements in offshore wind technology, driving innovation and expertise in the renewable energy sector. 
  • Provide local, clean and affordable energy to more than 70,000 homes in Sicily or around 5% of Sicily’s total electricity consumption. 

 7SeasMed is part of a larger 3GW offshore wind portfolio in Italy owned by the GreenIT and CIP partnership, and of which COP serves as lead development partner. This is one of the largest floating portfolios in Italy and in addition to 7SeasMed it includes the Ichnusa (504MW, Sardinia) Tyrrhenian (500MW, Latium), Nurax (500MW, Sardinia), and Poseidon (1000MW, Sardinia) projects.  

 

 

About Copenhagen Offshore Partners 

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 currently under construction – Changfang 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 17 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 GreenIT
GreenIT is a joint venture, owned 51% by Plenitude (Eni) and 49% by CDP Equity, for the development, construction, and management of plants for the production of energy from renewable sources in Italy. The joint venture, created in 2021, is part of the strategy aimed to support the country’s energy transition, increasing the generation of renewable energy, in line with the objectives set by the 2030 Integrated National Energy and Climate Plan. For more information, visit www.green-it.online/   

 

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 focuses 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 

 

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For media inquiries, reach out to Jamie Shellenberger-Bessmann jsb@cop.dk

Vineyard Wind 1 Achieves First Power

Posted on: January 4th, 2024 by Jason Weight No Comments

January 3, 2024 – Copenhagen, Denmark and Boston, Massachusetts:

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, today announced that first power from the Vineyard Wind project was delivered to the grid for the first time. As part of the initial commissioning process, one turbine delivered approximately 5 megawatts of power, with additional testing expected to happen both on and offshore in the coming weeks. The project expects to have a full string (five turbines) operating at full capacity early in 2024. COP leads project development and construction activities for the Vineyard Wind project on behalf of the project’s partners, Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, and Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group.

“We are thrilled to celebrate the achievement of first power from the Vineyard 1 project in Massachusetts,” said Klaus Møller, senior vice president and partner at COP and CEO of Vineyard Wind. “This milestone represents a significant leap forward for the American offshore wind industry and underscores our commitment to supporting local communities where we operate, as well as energy security and a sustainable future for all. The Vineyard Wind and COP team has done amazing work here and they can all be proud of making history in the US.  We extend our gratitude to our partners and stakeholders who have shown unwavering commitment to accelerating the energy transition in making this achievement possible, and we remain dedicated to further advancing the potential of offshore wind in the United States.”

Vineyard Wind 1 began offshore construction in late 2022, achieved steel-in-the-water in June of this year, and completed the nation’s first offshore substation in July. An 806-megawatt project located 15 miles off the coast of Martha’s Vineyard, the project will consist of 62 wind turbines and will generate enough power for more than 400,000 homes and businesses. The project is set to create 3,600 Full Time Equivalent (FTE) job years, save customers $1.4 billion over the first 20 years of operation, and is expected to reduce carbon emissions by more than 1.6 million metric tons per year, the equivalent of taking 325,000 cars off the road annually.

 

About Copenhagen Offshore Partners

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, one third of which represents floating offshore wind. An industry pioneer, the group is leading project development in new markets, including four projects currently under construction – Changfang 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. The group’s expert team is advancing projects across 17 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk.

Jeonnam 1 Offshore Wind Project in Korea Reaches Financial Close and Begins Onshore and Offshore Construction

Posted on: October 11th, 2023 by Jason Weight No Comments

October 11, 2023 – Seoul / Copenhagen:

Jeonnam 1 – a 99-MW offshore wind farm off the coast of Shinan County, Jeonnam Province in the southwest of Korea – reached financial close in early 2023. The project is on track with construction activites and is expected to reach completion by the end of 2024.

Jeonnam 1 is a joint venture between SK E&S, one of the largest conglomerates in South Korea and Copenhagen Infrastructure Partners (“CIP”) through its fund Copenhagen Infrastructure III (“CI III”). The project has been developed by a joint team comprised by Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction and the exclusive offshore wind development partner to CIP, and SK E&S.

Jeonnam Offshore Wind Power was founded in 2020 and is expected to become the first Korean commercial scale offshore wind farm to go into operation in 2024. The project is a 51-49 joint venture between SK E&S and Copenhagen Infrastructure Partners (CIP).

In association with SK E&S and CIP, COP will also be involved in the planning and construction for Jeonnam 2 and Jeonnam 3, two offshore wind projects with a total capacity of 800MW currently in the development phase. Jeonnam 1, 2 and 3 will support Korea’s ambitious target of reaching 14.3 GW of offshore wind power by 2030, a significant increase compared to the existing 0.1GW installed today.

Jeonnam Offshore Wind Power obtained an Electricity Business License in 2017 and entered a grid connection agreement with KEPCO, the state-owned utility in South Korea, allowing the project to connect to the grid during 2024. In 2022, Jeonnam 1 was awarded a 20-year fixed-price offtake agreement with Korea Hydro & Nuclear Power through Korea’s first wind offtake auction.

Throughout 2022, the project also signed manufacturing and construction contracts with Korean suppliers including Hyundai Engineering and Steel Industries, Hyundai Electric and Gaon, KT Submarine and LS Cable and System. The project will utilize Mokpo New Port as marshalling port throughout construction, given the port’s ideal location near the Jeonnam 1 site.

Jeonnam 1 COO and partner at COP, Jesper Krarup Holst commented, “We are delighted to reach this milestone and enter the construction phase together with our JV partner and the project team. Together, we have demonstrated the power of close collaboration across companies and cultures to resolve tough challenges, to reach financial close, and to support Korea in its efforts to achieve their ambitious renewable energy goals.”

Jeonnam 1 CEO, Daniel Yun said “SK E&S is proud to be leading the offshore wind industry in Korea with this landmark project. Jeonnam 1 is expected to provide green electricity equivalent to approximately 60,000 households in Korea.”

Torsten Lodberg Smed, senior partner at CIP, said: “Korea has a vast potential for offshore wind and CIP has, since entering the Korean market in 2018, invested significantly in developing the country’s wind power projects in multi-giga watts scale and its supply networks and foster a strong industry ecosystem. We are proud to have reached financial close and entering the construction phase on Jeonnam 1 and we look forward to completing this landmark project together with our partners.”

 

 

About Copenhagen Offshore Partners

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, one third of which represents floating offshore wind. An industry pioneer, the group is leading project development in new markets, including four projects currently under construction – Changfang 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 17 offices in Europe, Asia Pacific, and the Americas.

In Korea, COP is developing the Jeonnam 1, 2, and 3 projects as well as an additional 9 projects including Ulsan Haewoori floating offshore wind projects (3 x 500MW), Shinan projects (4 x 500MW) and 2 Younggwang projects (2 x 500MW). Seven of these (3.5GW) have already obtained an electricity business license and are advancing through EIA activities.

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 focuses 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 ten funds and has to date raised approximately EUR 26 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 400 employees and 12 offices around the world. For more information, visit www.cip.com