Archive for the ‘Uncategorized’ Category

COP Inaugurates New Office in Manila, Reaffirms Commitment to Energy Transition in the Philippines

Posted on: September 11th, 2024 by Anna Ladócki No Comments

September 11, 2024 – Manila, Philippines and Copenhagen, Denmark 

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has expanded its footprint in Asia Pacific and opened a new office in Manila, Philippines located at the ORE Building, BGC Taguig City. COP’s new offices are co-located with Copenhagen Infrastructure Partners (CIP), the world’s largest green energy fund. COP is leading development for three offshore wind sites in the Philippines, totaling 2 GW of capacity, on behalf of CIP, owner of the Philippines portfolio. 

The inauguration ceremony was attended by distinguished guests, including Filipino Department of Energy Secretary Raphael “Popo” Lotilla, Danish Ambassador Franz-Michael Skjold Mellbin, Philippine Ambassador to Denmark Leo M. Herrera-Lim, Department of Environment and Natural Resources Secretary Toni Yulo-Loyzaga, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go, and senior CIP and COP executives. 

Jesper Krarup Holst, COP Philippines Co-CEO and COP Partner, said, “We are thrilled to open an office in Manila alongside our CIP partners. Together, we are advancing development of our Philippines portfolio to accelerate the country’s energy transition and sustainability goals.” 

Rune Damgaard, COP Philippines Co-CEO stated, “The Philippines has immense potential for offshore wind energy, and we are proud to support the government’s efforts to unlock this important infrastructure in the country. Our presence underscores our dedication to being part of this journey and partnering with local stakeholders to create innovative solutions that benefit communities and the environment.” 

COP and CIP’s 2 GW Philippines portfolio is 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 tons in CO2 emissions per year for the duration of their 25-year contracts. 

 

(from left) Rune Damgaard, Co-CEO of Copenhagen Offshore Partners; Jesper Holst, Partner and Co-CEO of Copenhagen Offshore Partners; Robert Helms, Partner of Growth Market Fund, Copenhagen Infrastructure Partners; Maria Antonia Yulo-Loyzaga, Secretary of the Department of Environment and Natural Resources; Raphael P. M. Lotilla, Secretary of the Department of Energy; Przemek Lupa, Associate Partner and Head of Southeast Asia, Growth Market Fund, Copenhagen Infrastructure Partners; Secretary Frederick Go, Special Assistant to the President for Investment and Economic Affairs; Leo Herrera-Lim, Ambassador of the Philippines to Denmark; Franz-Michael Skjold Mellbin, Ambassador of Denmark to the Philippines; Marina Hsu, Regional Managing Director of Copenhagen Infrastructure Service Co.; Francis Isagani Daba, Business Development Director of Copenhagen Infrastructure Service Co. participated in the ribbon-cutting ceremony for the opening of Copenhagen Infrastructure Partners’ Manila office in the ORE Building, BGC, Taguig City.

 

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 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 

Zhong Neng Offshore Wind Farm Completes Construction in Taiwan

Posted on: September 5th, 2024 by Anna Ladócki No Comments

September 5, 2024 — Taipei, Taiwan and Copenhagen, Denmark:   

Yesterday, the Zhong Neng Offshore Wind Farm was inaugurated in Taiwan, marking completion of construction activities which represent a total installed capacity of 300 MW. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has lead project development activities for Zhong Neng on behalf of the project’s owners, a joint venture including majority owner Copenhagen Infrastructure Partners (CIP) through its CI IV Fund and China Steel Corporation. COP is the exclusive offshore wind developer for CIP. 

Zhong Neng is the first offshore wind farm in Taiwan to be completed ahead of schedule and is the second offshore wind farm completed in Taiwan this year by COP and CIP, following the inauguration of the 600MW Changfang & Xidao project. 

Zhong Neng is located 17 kilometers off the coast of Changhua County in Taiwan and consists of 31 turbines and foundations. When fully operational, Zhong Neng will generate enough renewable energy to power approximately 300,000 local households and will deliver an annual expected CO2 reduction of 550,000 tons. The project meets the highest localization requirements in the history of Taiwan’s offshore wind power. 

Zhong Neng received local content plan approval from the Taiwan government in November 2019 and the first turbine was installed in May 2024. Full grid connection is expected by year-end. 

Zhong Neng is not only developed with the participation of a local company but also bears the highest localization requirements among wind farms in Taiwan,” said COP Vice President and Zhong Neng CEO Joris Hol. “In this emerging industry environment, the successful completion of the project is due to the dedicated efforts of the Zhong Neng team and the close collaboration of all suppliers throughout the process. Together, they overcame numerous challenges, broke through manufacturing bottlenecks, accelerated the learning curve, and successfully navigated the harsh and ever-changing offshore working conditions, pushing the project forward steadily and safely. 

“This milestone is more than just a construction achievement; it symbolizes both COP and CIP’s continued commitment to renewable energy development and the energy transition in Asia,” said Jesper Krarup Holst, Partner and Head of APAC at COP. “The success of Zhong Neng underscores the potential of offshore wind in addressing global energy needs and sets a benchmark for future projects in the region.” 

COP and CIP have been committed to offshore wind in Taiwan and have invested significantly in developing Taiwan’s offshore wind projects, supply networks and fostering a strong industry ecosystem. On behalf of CIP, COP is leading development for three offshore wind projects in Taiwan with a combined capacity of approximately 1,400 MW: Changfang & Xidao (600MW), Zhong Neng (300MW), and Fengmiao (500MW). 

 

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 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 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    

Copenhagen Offshore Partners to Lead Development of Newly Awarded 600 MW Fengmiao 2 Offshore Wind Farm in Taiwan

Posted on: August 8th, 2024 by Jamie Shellenberger-Bessmann No Comments

August 8, 2024 — Taipei, Taiwan and Copenhagen, Denmark:  

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, will lead development activities for the newly awarded 600 MW Fengmiao 2 Offshore Wind Farm, situated approximately 40 kilometers off the coast of Taichung City in Taiwan. 

This announcement comes following the successful award of capacity to the Fengmiao 2 project by Copenhagen Infrastructure Partners (CIP) through its fund, Copenhagen Infrastructure V (CI V), in Taiwan’s Round 3.2 Zonal Development Offshore Wind Auction.   

Since entering Taiwan in 2017, CIP and COP have been committed to unleashing offshore wind in the country. CIP has invested significantly in developing Taiwan’s offshore wind projects, supply networks and fostering a strong industry ecosystem.  

“We are delighted to lead development for the Fengmiao 2 Offshore Wind Farm, furthering our commitment to Taiwan’s renewable energy sector,” said Claire Lohan, COP Taiwan CEO. “Our dedicated team looks forward to collaborating closely with the Taiwanese government, local leaders, and stakeholders to deliver a project that supports Taiwan’s ambitious net-zero goals. This project not only exemplifies our expertise but also underscores our dedication to sustainable, green energy for the future.” 

“We are thrilled to receive this award and to have the opportunity to further accelerate Taiwan’s energy transition,” said Jesper Krarup Holst, COP Partner and Head of APAC Region. “Just as with our greater portfolio in Taiwan, we are committed to developing Fengmiao 2 responsibly and in close coordination with local stakeholders and industries to support Taiwan’s growing renewable energy sector.”   

As the exclusive offshore wind development partner to CIP, COP will oversee the development of the Fengmiao 2 Offshore Wind Farm. COP has been at the forefront of offshore project development for CIP projects in Taiwan, including the 500 MW Fengmiao 1 Offshore Windfarm, the 595 MW Changfang and Xidao Offshore Wind Farms and the 298 MW Zhong Neng Offshore Wind Farm, which generated first power in June 2024, in partnership with China Steel Corporation (CSC). The Fengmiao 2 project is a testament to COP’s expanding 50 GW offshore wind development pipeline worldwide. 

 

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

 

Haewoori Offshore Wind Completes EIA Consultation in Korea

Posted on: July 16th, 2024 by Jamie Shellenberger-Bessmann No Comments

16th July, 2024 – Copenhagen, Denmark and Ulsan, South Korea: 

The Haewoori Offshore Wind project has completed the Environmental Impact Assessment (EIA) consultation with Korea’s Ministry of Environment and Ministry of Trade, Industry and Energy, marking the first for an offshore wind project in Ulsan, Korea. Copenhagen Offshore Partners (COP), a world leader in development and construction of offshore wind projects, is leading development for the Haewoori Offshore Wind project on behalf of the project’s owner, Copenhagen Infrastructure Partners through its CI V fund. 

The Haewoori Offshore Wind Project is a 1.5GW floating project planned approximately 80 kilometers off the coast of Ulsan, Korea. The project will contribute toward Korea’s 2030 renewable energy goals and the global RE100 initiative, which aims for companies to source 100% of their electricity from renewable sources. 

Jonathan Spink, COP Korea Co-CEO and CEO of Haewoori Offshore Wind Co., Ltd., stated, “The completion of the EIA consultation is meaningful as we focus on corporate social responsibility and sustainable development across our entire floating offshore wind portfolio in Ulsan.” He added, “Haewoori Offshore Wind Co., Ltd. is committed to making continuous efforts to closely follow what we have discussed with MOE and actively communicate with relevant agencies in case of unexpected impact during consultation as a responsible member of the local community.” 

The EIA process involves a thorough analysis of potential environmental impacts on offshore and onshore ecosystems, encompassing marine and onshore environmental quality, noise, and socioeconomic factors. Haewoori Offshore Wind has engaged closely with local governments and the public to incorporate their feedback to ensure sustainable development and corporate social responsibility. 

  

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 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 

  

Zhong Neng Offshore Wind Project in Taiwan Delivers First Power

Posted on: June 26th, 2024 by Anna Ladócki No Comments

26 June, 2024 Copenhagen, Denmark and Taipei, Taiwan:

Today it was announced that the Zhong Neng offshore wind farm has achieved a significant milestone and delivered first power. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has led project development activities for Zhong Neng on behalf of the project’s owners, a joint venture between China Steel Corporation (CSC) and Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure IV (“CI IV”). COP is the exclusive offshore wind development partner to CIP. 

Zhong Neng received local content plan approval from the Taiwanese government in November 2019 and is one of only two offshore wind projects in Taiwan’s offshore wind history to fulfill the highest localization requirements. This includes the CIP-owned and COP-constructed Changfang & Xidao offshore wind project, which was inaugurated this year.  

Installation of the first turbine on Zhong Neng was announced in May 2024, and currently one-third of the planned wind turbines are installed. Completion of all offshore installation work is expected in the third quarter of 2024, followed by full grid connection by year-end. Once fully operational, Zhong Neng will provide clean energy equivalent to the demand of approximately 300,000 Taiwanese homes. 

“The successful delivery of first power from Zhong Neng marks a pivotal moment for Copenhagen Offshore Partners,” said Joris Hol, COP VP and Zhong Neng project CEO. “Our focus now is on completing the installation and grid connection phases efficiently and safely, ensuring that Zhong Neng will soon deliver its full complement of clean energy to thousands of households in Taiwan.” 

“First Power from the Zhong Neng project is a major milestone that has been achieved in less than seven years since the partnership between CIP, CSC and COP was initiated. The project team and our suppliers have shown exemplary collaboration in resolving challenges during the construction phase whilst also building a local supply chain in Taiwan, said Jesper Krarup Holst, Partner and Head of APAC at Copenhagen Offshore Partners.  

 “We are very pleased to have reached this important project milestone in close collaboration with our partner, CSC. The successful delivery of first power demonstrates our joint project execution capabilities and I would like to thank all our partners and congratulate the Zhong Neng team for reaching this landmark,” said Mads Skovgaard Andersen, Partner at CIP. “Zhong Neng achieving first power and last month’s inauguration of Changfang-Xidao are both significant contributions to Taiwan’s energy transition.” 

Since entering Taiwan in 2017, CIP and COP have been committed to unleashing offshore wind in the country. CIP has invested significantly in developing Taiwan’s offshore wind projects, supply networks and fostering a strong industry ecosystem. Together, CIP, COP, and other partners have developed three offshore wind projects in Taiwan with a combined capacity of approximately 1,400 MW: Changfang & Xidao (600MW), Zhong Neng (300MW), and Fengmiao (500MW).  

 

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 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 

Ijmuiden Ver Beta Offshore Wind Project Permit Awarded in the Netherlands

Posted on: June 13th, 2024 by Jamie Shellenberger-Bessmann 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 Jamie Shellenberger-Bessmann 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 Jamie Shellenberger-Bessmann 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.

 

##

 

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