Copenhagen Offshore Partners Builds Momentum for Offshore Wind Development in Vietnam

COP moves to a new Hanoi office, celebrates the signing of two strategic supply chain MOUs and local collaboration agreement, and advances the energy dialogue at Denmark-Vietnam sustainability summit.

November 11, 2022 – Hanoi, Vietnam:

Last week, Copenhagen Offshore Partners (COP) took several important steps to advance offshore wind development in Vietnam. COP celebrated the relocation and opening of a new Hanoi office, located in the capital’s Hoan Kiem district. Since first establishing its Vietnam footprint in 2019, the COP team has grown to nearly 20 employees. The new office will play an important role to provide the best ground to show its strong vision and continued commitment to contribute to the development of the offshore wind industry in Vietnam, where COP is developing the 3.5 GW La Gan Offshore Wind Project in Binh Thuan for its exclusive partner, Copenhagen Infrastructure Partners (CIP). La Gan is projected to be the first and largest offshore wind project in Vietnam and it is part of the group’s multi-gigawatt offshore wind portfolio across both north and south Vietnam.

COP also celebrated the signing of two memorandums of understanding (MoUs) to support the build out of a Vietnamese offshore wind supply chain through COP and CIP’s future projects. The MoUs were signed by CIP and include an offshore substation supply agreement with PTSC MC and Semco Maritime, as well as an agreement for construction port usage at Vinh Tan with Pacific Corporation. COP also signed a collaboration agreement with Xuan Cau Holdings looking at the development of offshore wind projects in North Vietnam.

These agreements, signed as part of a Royal visit to Vietnam by Their Royal Highnesses The Crown Prince and The Crown Princess of Denmark to celebrate the 50th anniversary of Danish-Vietnamese diplomatic relations, will help support local job creation and economic development in Vietnam’s growing renewable energy sector, key tenets of COP’s approach to successful offshore wind development around the world.

Stuart Livesey, Country Director and CEO of COP Vietnam stated, “these are important and key milestones to show our continued commitment to support Vietnam in reaching its renewable energy and zero carbon goals, and drive economic opportunities across the country and region. We are extremely proud to be a part of Vietnam’s offshore wind story and look forward to be at the forefront of Vietnam’s exciting green transition.”

To round out the week, COP participated in the Denmark-Vietnam Sustainable Energy Summit which featured an array of Danish and Vietnamese companies and featured discussion centered around the headline, “Creating a greener future together.” Stuart Livesey participated in several panel discussions and round tables dialogues sharing insights about navigating local development through insights experiences from COP’s development work around the world.

About COP

Copenhagen Offshore Partners (COP) is a world leader in development and construction of offshore wind projects with a track record of successfully taking projects through the most difficult phases and delivering per plan. COP works exclusively for one of the leading green infrastructure fund managers in the world, Copenhagen Infrastructure Partners (CIP), which has raised DKK 133 billion to date from more than 120 international institutional investors worldwide. COP is developing projects in Europe, Asia, North America, and Oceania, and is supported by its headquarters in Denmark and offices in the United Kingdom, France, Greece, Brazil, Italy, Taiwan, Japan, Korea, Vietnam, the United States, Australia. COP is a proudly independent company owned by its management.