October 24, 2023 – New York, NY and Copenhagen, DK:

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is proud to announce the Excelsior Wind project has been awarded 1.3 gigawatts (GWs) in the latest solicitation for offshore wind power held by the New York State Energy Research and Development Agency (NYSERDA) in the United States. The project will be developed in the Vineyard Mid-Atlantic lease area (OCS-A 544) located in the New York Bight, located 24 miles off the coast Long Island. When complete, Excelsior Wind will provide clean and affordable energy for more than 700,000 homes in the New York City area, helping to avoid up to 1.1 million metric tons annually in carbon pollution, the equivalent to taking 225,000 cars off the road every year.

The Excelsior Wind lease area is owned by Copenhagen Infrastructure IV, a fund managed by Copenhagen Infrastructure Partners (CIP). COP will lead development activities for Excelsior Wind as part of Vineyard Offshore, CIP’s offshore wind platform in the United States.

“We are honored that the Hochul Administration has selected our Excelsior Wind project and thank the Governor for her continued commitment to our industry,” said COP Co-CEO and Vineyard Offshore CEO Lars T. Pedersen. “Excelsior Wind will provide clean and affordable energy, powering both economic growth and improvements in environmental and public health.  We are grateful that NYSERDA has placed their trust in our proven ability to deliver projects and look forward to continuing to work alongside local stakeholders across the Empire State.” 

“This is an important milestone in our goal to deliver large-scale renewable energy and create thousands of new jobs for New York. We are excited to bring our expertise and experience from building Vineyard Wind 1, the nation’s first commercial scale offshore wind farm, to the Empire State,” said partner and Head of North America at CIP, Tim Evans. “I want to thank Governor Hochul and her entire team for forging a viable path forward for our industry and for New York.”

Led by the most experienced offshore wind team in North America, Vineyard Offshore has crafted the proposals to ensure deliverability of the projects and their associated economic benefits to cement and sustain New York as a national hub of the offshore wind industry. 

The Excelsior Wind project is part of a 6 GW offshore wind portfolio in the US of which COP is leading development for through the Vineyard Offshore project company. In addition to the newly awarded Excelsior Wind project in New York, the portfolio includes the country’s first commercial-scale offshore wind project, Vineyard Wind 1 in Massachusetts, and one of the first floating offshore wind lease areas off the northern coast of California. 

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 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 Vineyard Offshore 

Vineyard Offshore is leading the development of two lease areas in the Northeast, in addition to a recently acquired lease in Northern California, OCS-P 0562. Lease area OCS-A 522, known as Vineyard Northeast, is located off the coast of Massachusetts. OCS-A 544, known as Vineyard Mid-Atlantic, is located in the New York Bight. All three lease areas are owned by funds managed by Copenhagen Infrastructure Partners (CIP). Combined with its joint venture development of the first-in-the-nation offshore wind project, Vineyard Wind, now under construction, Vineyard Offshore has the potential to develop more than 6 gigawatts of clean, renewable and affordable energy on the East and West Coasts of the United States.  To learn more, visit: www.vineyardoffshore.com. 

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.

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

September 1, 2023 – Copenhagen:

Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has welcomed 24 new colleagues into offices around the world as part of the group’s Global Graduate Program. This is the second cohort of Global Graduates inducted into the program since it launched in 2021. Participants were selected following a competitive application and review process which saw more than 1,800 applicants apply from around the world. 

COP’s Global Graduate Program is a full-time, 24-month rotation program that offers recent graduates and early career professionals immersive training, learning, and mentoring across the offshore wind project value chain. The program is focused on growing the next generation of experienced offshore wind talent and leaders around the world. Following the completion of the program, graduates will have the opportunity to join COP in permanent positions. 

‘’As an offshore wind development leader, we have the desire and responsibility to develop the next generation of talent in order to accelerate the global energy transition,’’ said Jytte Svensen, Head of People and Communications. “The COP Global Graduate Program not only offers a dynamic development experience to fully immerse participants into the complex world of offshore wind, but it also empowers participants to be bold, take on responsibility, and forge a unique career path. We can’t wait to see what this new cohort achieves over the next two years.” 

The new Global Graduates represent 14 nationalities and come from diverse academic and professional backgrounds. They will be located across eight COP offices, including Boston, Copenhagen, Edinburgh, Seoul, Taipei, Hanoi, and Melbourne.  

COP is excited to welcome Global Graduates around the world: 

• Adina Pernes, Copenhagen, Denmark
• Alexandra McGrath, Boston, United States
• Ben Somerville, Edinburgh, Scotland
• Daisy Moore, Melbourne, Australia
• Emil Anker-Møller, Copenhagen, Denmark
• Emma Lange, Copenhagen, Denmark
• Florian Dach, Milan, Italy
• Giorgio Colpani, Milan, Italy
• Guglielmo De Puppi, Milan, Italy
• Hanna Jacob, Copenhagen, Denmark
• Harrison Butler, Copenhagen, Denmark
• Ho Sang Lee, Seoul, Korea
• Ishwar Mukesh, Copenhagen, Denmark
• Joseph Bouchard, Copenhagen, Denmark
• Laoise Ní Bhraonáin, Edinburgh, Scotland
• Manh Huy Vu (Edward), Hanoi, Vietnam
• Mathilde Fusaro, Edinburgh, Scotland
• Naja Sørensen, Copenhagen, Denmark
• Samuel Reid, Edinburgh, Scotland
• Sapphire Faruque, Boston, United States
• Sophie Hajar, Boston, United States
• Tzu-Chieh (Jennie) Kao, Taipei, Taiwan
• Wonbin Ko, Seoul, Korea
• YoungJu Seo, Seoul, Korea

For more information about the Global Graduate Program, visit: https://cop.dk/graduate-program/ 

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. The group 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 

June 15, 2023 – Copenhagen:

Copenhagen Offshore Partners (COP), a world leader in development and construction of offshore wind projects, has announced the Ichnusa Wind Power Project has deployed a floating lidar to monitor wind and wave conditions off the Sardinian coast where the project will be developed. COP is leading development for Ichnusa on behalf of the project’s owners, Copenhagen Infrastructure Partners through its Flagship Funds and GreenIT, the joint venture owned 51% by Plenitude (Eni) and 49% by CDP Equity.

The floating lidar campaign, the first of its kind for an offshore wind project in Sardinia, is being managed by Akrocean. Monitoring will last for twelve to fourteen months, and data collected will inform design of Ichnua’s foundations, cables, and wind turbine generators, as well as ensure protection of the local environment. As part of the campaign, CNR (Italy’s National Research Center) will deploy additional equipment on the buoy to support research and reporting activities in the Mediterranean, including underwater camera monitoring of microplastics in the water column.

Michele Schiavone, COP Italy CEO said, “We are excited to launch the first floating lidar in Sardinia for an offshore wind project, and we extend our appreciation to the Italian Navy and Sardinian authorities who have offered their collaboration and support. We are proud that the campaign will offer valuable information about ocean and environmental conditions not only for the Ichnusa project site, but for broader scientific interests in Italy.“

The Ichnusa Wind Power Project is a 504MW floating project planned approximately 35 kilometers off the coast of Sardinia and will contribute toward the Italian government’s target of 20GW of operational wind by 2030. The project is also designed to support local supply chain development by the second half of the decade. Ichnusa is part of a larger, almost 3GW, floating portfolio COP is leading development for in Italy. The portfolio, which could power approximately 2.5 million Italian households, includes the 500MW Tyrrhenian project located in Latium off the coast of Civitavecchia, 3 projects off the coast of Sardinia including Ichnusa, the 500MW Nurax project, and the 1,000MW Poseidon project, and the 250MW 7SeasMed project located in Sicily off the coast of Marsala.

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. The group 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 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 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.com

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/

June 12, 2023 – Copenhagen:

Copenhagen Offshore Partners (COP), a world leader in development and construction of offshore wind projects, has submitted the Environmental Impact Assessment (EIA) for the Ichnusa Wind Power Project to the Italian Ministry of Environment and Energy Security (MASE). The submission marks Italy’s third floating wind farm project to reach EIA submission and the first for a floating wind project off the Sardinian coast. COP is leading development for Ichnusa on behalf of the project’s owners, Copenhagen Infrastructure Partners through its Flagship Funds, and GreenIT, the joint venture owned 51% by Plenitude (Eni) and 49% by CDP Equity.

The Ichnusa Wind Power Project is a 504MW floating project planned approximately 35 kilometers off the coast of Sardinia and will contribute toward the Italian government’s target of 20GW of operational wind by 2030. The project is designed to support local supply chain development by the second half of the decade.

“We are pleased to reach this important milestone for the Ichunusa Wind Power Project. After the submission of the EIA for 7SeasMed on January 2022, we now reach the same milestone for Ichnusa, which is an important step for our consortium in Italy” said Michele Schiavone, COP Italy CEO. “Furthermore, Ichnusa’s location offers some of the best wind resources in the Mediterranean, making it an ideal spot to develop Sardinia’s first offshore wind project.”

Ichnusa is part of a larger, almost 3GW, floating portfolio COP is leading development for in Italy. The portfolio, which could power approximately 2.5 million Italian households, includes the 500MW Tyrrhenian project located in Latium off the coast of Civitavecchia, 3 projects off the coast of Sardinia including Ichnusa, the 500MW Nurax project, and the 1,000MW Poseidon project, and the 250MW 7SeasMed project located in Sicily off the coast of Marsala.

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. The group 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 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 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.com

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/

Copenhagen – May 11, 2023:

Copenhagen Offshore Partners (COP), a world leader in development and construction of offshore wind projects, and Statkraft will co-lead project development activities for the 500MW North Irish Sea Array (NISA) project. NISA is earmarked for an area off the east coast of Ireland and will have the capacity to power approximately half a million Irish homes and businesses.

This news follows the announcement that Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure IV K/S (CI IV), and Statkraft have been successful in securing a 20-year low carbon power contract as part of the Irish Government’s ORESS-1 (Offshores Renewable Energy Support Scheme) process. CIP is one of the world’s leading green infrastructure fund managers.

In January 2023, CIP announced a partnership with Statkraft to develop up to 2.2 gigawatts of offshore wind off the Irish coast. These projects are expected to be among the first commercial scale offshore wind projects in Ireland. As the exclusive offshore wind development partner to CIP, Copenhagen Offshore Partners confirmed it would co-lead project development activities.

Commenting on the auction results, Alan Hannah, COP Partner and UK and Ireland CEO, said:

“I’m delighted with this successful outcome in Ireland which is an important milestone for CIP and Statkraft’s partnership, and for COP’s future role as co-leader for the portfolio’s project development. The 20-year Contract for Difference provides a strong basis on which we continue the development of the NISA project which will contribute towards Ireland’s 2030 renewables target and unlock the potential of offshore wind in the market. The Irish Government must be commended for implementing a reliable framework to deliver competitively priced offshore wind.”

“This is a significant and exciting moment for COP as it establishes the business in a new market and strengthens our position in North-West Europe as we continue to target emerging opportunities. We look forward to progressing the project in collaboration with national and local stakeholders and to creating significant economic opportunities for Ireland’s economy over the long term.”

The Irish portfolio adds to COP’s 50GW project development portfolio across global markets including Europe, Asia Pacific, and the Americas.

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. The group 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

COP is hiring. To learn more about career opportunities at COP, visit our career page.

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 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors.

For further information please contact:

Rhys Wyn Jones, COP UK Director of Regulation, Policy, and Communications, rhj@cop.dk

Jamie Shellenberger-Bessmann, COP Head of Communications, jsb@cop.dk

March 30, 2023 – Copenhagen:

Copenhagen Offshore Partners (COP), a world leader in the development and construction of offshore wind projects, has opened a new office to host its Global Floating Offshore Wind Competence Centre (GFLOWCC).

The Edinburgh centre provides the ideal location for COP to further grow its team and accelerate the large-scale deployment of floating offshore wind (FLOW) across the UK and globally.

COP is the exclusive offshore wind development partner to Copenhagen Infrastructure Partners (CIP), one of the world’s leading green infrastructure fund managers. One third of the partnership’s 50+ GW offshore wind portfolio is comprised of FLOW.

Alan Hannah, UK CEO and Partner at COP said:

“The Global FLOW Competence Centre opening is an important moment in what will be a significant year for FLOW. It puts Scotland and the UK at the core of our global floating offshore wind ambitions, building on strong maritime heritage, a history of innovation, and world-class energy supply chains.

The UK has established an early capability in FLOW and while it must continue to innovate, there can be no substitute for learning through doing. We must get projects in the water to better understand how to industrialise floating technology in the face of fierce global competition.

The centre will play a crucial role to build the industry’s understanding of how to efficiently maximise the floating offshore wind opportunity so that we can achieve a highly localised, industrialised model for deployment for future commercial scale projects.”

FLOW is the next frontier for offshore wind and a key component in an effective approach to achieve global climate ambitions. It can be deployed in deep waters where traditional fixed foundation offshore wind technologies cannot, harnessing the vast wind resources which are found offshore in many parts of the world.

The launch of COP’s Global FLOW Competence Centre comes as the UK Government announces a new Energy Security Plan: Powering Up Britain. This highlights the importance of technologies such as FLOW to boost domestic renewable energy production capabilities.

Welcoming the opening of COP’s GFLOWCC,  Rt. Hon. Graham Stuart MP,  Minister of State for Energy Security and Net Zero said:

“The UK has a world leading position in FLOW and I’m grateful to COP for its investment in what is a fantastic FLOW opportunity in the UK.  Partnership between business and Government is vital, which is why I’m delighted to see the launch of the £160m Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS), which will make a difference to delivering the port infrastructure upon which the industry depends.”

COP is currently developing the Pentland Floating Offshore Wind Farm, the world’s largest floating demonstration project, off the coast of Caithness, Scotland. Early FLOW projects such as Pentland are vital to demonstrate how the industry can both reduce cost and localise key project work packages.

Together with partners SSE and Marubeni, COP is also developing the 3.6GW Ossian Floating Offshore Wind Farm, which will be located approximately 80KM southeast of the Aberdeenshire coast.  It is also preparing for the Celtic Sea FLOW leasing round later this year.

For more information about the GFLOWCC or COP’s operations in the UK, contact Kirstie Rennie at Aspect: The Strategic Communication Experts: kirstie.rennie@weareaspect.com

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. The group 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 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 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors.

March 22, 2023 – Copenhagen: 

Copenhagen Offshore Partners (COP), a world leader in development and construction of offshore wind projects, has expanded its development portfolio in Italy with three new projects, Tyrrhenian, Nurax, and Poseidon. With these new additions, COP is developing five floating offshore wind projects in Italy which total almost 3 GW of capacity, one of the largest in the country.  

The full portfolio is controlled by the GreenIT and Copenhagen Infrastructure Partners (CIP) consortium, which acquired the three new sites this month. CIP is the world’s largest dedicated fund manager within greenfield renewable energy investments. The new areas will be co-developed by a project team led by Copenhagen Offshore Partners, the exclusive offshore wind development partner to CIP, and Italian companies with proven experience in the development of offshore wind farms such as Nice Technology and 7 Seas Wind Power. 

“These new projects reinforce COP’s position as a leader in floating offshore wind development in Italy,” said Alan Hannah, Partner and Europe Market Development Lead at COP. “Italy has all of the necessary ingredients to support project delivery for the burgeoning floating wind market as well as to establish important supply chain opportunities.”  

”Our growing portfolio in Italy is the result of years’ worth of local engagement by COP and our project partners since 2020,” said Michele Schiavone, Italy CEO at COP. “Three gigawatts empowers us to beneficially scale our activities, from design to procurement and site investigation. We are thrilled to see our pipeline growing.”  

The three new floating projects are located on average 30 km from the coast and have a total capacity of approximately 2 GW. The Tyrrhenian project, located in Latium off the coast of Civitavecchia, will have a total capacity of up to 540 MW. Nurax and Poseidon, in Sardinia off the coast of Olbia, will have respective capacities of around 500 MW and 1,000 MW. The floating foundations for Tyrrhenian, Nurax, and Poseidon will utilize innovative technological solutions aimed at minimizing environmental and visual impacts.  

The new projects will also benefit from technological and logistical synergies with the portfolio’s other two offshore wind projects, 7SeasMed in Sicily and Ichnusa Wind Power in Sardinia, of which COP is also co-leading development. 7SeasMed is a 250MW floating offshore wind project, and Ichnusa Wind Power is contracted for 500MW. 

The almost 3GW project development portfolio in Italy will support the country’s greater climate and economic goals of which Italy has an ambition for 20GW of new offshore wind capacity by the end of decade. Floating wind is projected to be a significant component of that goal. Altogether, the portfolio will could power approximately 2.5 million Italian households. 

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. The group 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