General – Funding
Earlier this week, it was announced that two projects in the Copenhagen Infrastructure Partners portfolio stand to receive substantial EU funding.
The Baltic Sea Hydrogen Collector – a project by Gasgrid, Nordion Energi H2 and Copenhagen Energy Islands to develop and build an offshore hydrogen pipeline between Finland, Germany and Sweden – has been invited to enter grant negotiations of up to EUR 15.2 million from the European Union Connecting Europe Facility (CEF) funding program.
Samuel Magid, Deputy-CEO of Copenhagen Energy Islands says: “We are happy for the European Commission’s backing for the Baltic Sea Hydrogen Collector and see the decision as a strong sign of support for the development of the cross-border a transnational hydrogen grid necessary for an efficient energy market in Europe.”
HØST PtX Esbjerg, a Danish Power-to-X project under development, was invited too to grant agreement preparation with The European Climate, Infrastructure and Environment Executive Agency (CINEA) and can look forward to receiving up to EUR 13m in DEVEX funding.
“The positive result should be seen as recognition by the EU of the maturity of the project and the high-quality work carried out across the different project work streams at HØST PtX since 2021,” says David Dupont-Mouritzen, Project Director of HØST PtX Esbjerg.
