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CIP and Ignitis Renewables win second Estonian offshore wind tender

Wednesday, January 17 2024

Wind Energy – Estonia

Copenhagen Infrastructure Partners (CIP) and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million.

Having previously won the Liivi 2 site in Estonia’s first offshore wind tender held in December 2023, CIP and Ignitis Renewables see the adjacent site of Liivi 1 as a natural extension of the seabed area.

This will allow for greater synergy and optimisation in developing the sites as a single offshore wind project.

The maritime area of both sites is in the Gulf of Riga, northwest of Ruhnu Island and near Estonia’s Baltic Sea coast, covering approximately 193 square kilometres. The project, to be developed on the two sites combined, is expected to become operational post 2030, subject to obtaining the relevant permits, contracting suppliers, and securing financing.

CIP and Ignitis Renewables have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia.

Related posts:

  1. Development of three floating offshore wind farms offshore Italy
  2. Enefit Green acquires 1GW Estonian wind project
  3. CIP and Ignitis Renewables wins Estonia’s first offshore wind tender
  4. Japan launches auction for two offshore wind power projects

Filed Under: auction, CIP, Estonia, International projects Tagged With: auction, CIP, Estonia, Ignitis Renewablesb

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