Pentland Floating Offshore Wind Farm Secures Contract for Difference (CfD)

Copenhagen, Denmark and Glasgow, Scotland – 14 January 2026

Today, the Pentland Floating Offshore Wind Farm has secured a Contract for Difference (CfD) in the UK Government’s seventh CfD Allocation Round (AR7), marking a significant milestone in Scotland and the UK’s transition to net zero while strengthening long-term energy security. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is leading development activities for this landmark project as the exclusive offshore wind development partner to Copenhagen Infrastructure Partners (CIP).

The Pentland project, located off the coast of Dounreay in Caithness, will now progress towards a final investment decision in 2027, with operations expected to commence in 2030. Once operational, the wind farm will have the capacity to generate enough renewable electricity to power up to 70,000 homes.

The project will deploy a range of innovative floating offshore wind technologies, helping to accelerate the industrialisation of floating offshore wind (FLOW) in the UK. It is expected to deliver substantial economic benefits locally and nationally, supporting more than 1,000 jobs across construction and operations.

Keld Bennetsen, Executive Vice President and Head of Europe at COP, said: “We are proud to lead development for the Pentland Floating Offshore Wind Farm in Scotland and are eager to advance this project following this important milestone. We look forward to continuing our close collaboration with all partners involved to progress the industrialisation of floating offshore wind and accelerate the transition to net zero.”

Richard Copeland, Project Director of the Pentland Floating Offshore Wind Farm, said: “This CfD award provides the certainty needed to progress Pentland towards delivery and to work closely with the Scottish and UK supply chain as we move into the next phase of development. The project presents a real opportunity to support skilled jobs, invest in local communities and build long-term capability in floating offshore wind. We are committed to ensuring that the economic benefits of Pentland are felt across Caithness, Scotland and the wider UK.”

Nischal Agarwal, Partner in CIP, said: “Floating wind has the potential to unlock deep-water resources, strengthening energy security while accelerating the transition to net zero. Pentland demonstrates how this technology can be deployed responsibly and commercially, helping to position Scotland and the UK at the forefront of a global floating offshore wind industry.”

Pentland Floating Offshore Wind Farm is being developed by Highland Wind Limited and is majority owned by funds managed by Copenhagen Infrastructure Partners (CIP).

In November 2025, the project secured significant investment from the National Wealth Fund (NWF), Great British Energy (GBE) and the Scottish National Investment Bank, further supporting the UK’s clean energy ambitions, bolstering energy security and supporting skilled jobs. They join existing project partners Eurus Energy UK Ltd and minority shareholder Hexicon AB.

 

About Copenhagen Offshore Partners

Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, construction, and operations. COP is unlocking the full potential of offshore wind to power the world through the development of a 50+ GW project portfolio from Asia Pacific to Europe and the Americas. An industry pioneer, COP is safely and sustainably delivering projects in new and established markets, such as the recently constructed and advanced stage projects Changfang & Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States, and Jeonnam 1 in Korea. COP also implements new solutions as a first mover or fast follower to open new opportunities through flexible offtake offerings, partnerships, and supply chain solutions. COP is a proudly independent company owned by its management. Learn more at www.cop.dk

About Pentland Floating Offshore Wind Farm

Once constructed the Pentland Floating Offshore Wind Farm is estimated to provide enough green energy for almost 70,000 homes per year, approximately 65% of those in the Highland Council area.

Project development activities are being led by Copenhagen Offshore Partners (COP), CIP’s exclusive offshore wind development partner. Stiesdal Offshore’s TetraSub concept has been selected as the floating foundation structure technology for the project.

Learn more at www.pentlandfloatingwind.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 energy investments. The funds managed by CIP focus on investments in offshore and onshore wind, storage, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, advanced bioenergy, and Power-to-X. In the UK, CIP is investing in over 25 GW of renewable energy infrastructure, representing over £40 Billion of future investment potential.

 

CIP manages 13 funds and has to date raised approximately EUR 35 billion for investments in energy and associated infrastructure from more than 200 international institutional investors. CIP has projects in more than 30 countries and more than 2300 employees across platforms. For more information, visit www.cip.com