PUBLISHED February 26, 2025

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

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