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CIP launches new company dedicated to developing energy island projects

Friday, January 19 2024

General – CIP launches CEI

Copenhagen Infrastructure Partners is launching Copenhagen Energy Islands (CEI), a new development company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors.

CEI will build on CIP’s long-standing experience and expertise within offshore wind to develop energy island projects globally, and is currently developing a portfolio of around 10 energy island projects around the North Sea, the Baltic Sea and in South-East Asia.

Energy islands are large-scale offshore energy hubs, which will enable the massive scaling required for the next generation of offshore wind deployment globally. They combine existing, proven technologies in a new and innovative way and at a significantly larger scale, allowing for a cost-efficient build-out and integration of offshore wind.

Key value drivers include a substantial reduction in power transmission costs, large-scale offshore green hydrogen production and related synergies between power and hydrogen production.

Related posts:

  1. Shell joins VindØ consortium to build Denmark’s first energy island
  2. New partnership to develop Åland Finland
  3. Statkraft secures 500 MW in Ireland’s first offshore wind auction
  4. CIP reaches first close on CI V at nearly EUR 6 billion

Filed Under: CEI, CIP, Energy Islands Tagged With: CEI, CIP, energy islands

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