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Copenhagen Infrastructure Partners Acquires Early-Stage Danish Solar Pv Portfolio From Soltec

Jan 03, 2024

Acquiring Company

Copenhagen Infrastructure Partners

Acquired Company

Soltec

CopenhagenMurciaEnergyRenewable EnergySolarSolar

Description

CIP’s Energy Transition Fund I (CI ETF I) will obtain 100% ownership of Soltec’s Danish early-stage solar PV portfolio. CIP’s intention is to develop, build and operate these assets to provide renewable electricity for ETF I’s Danish Power-to-X projects (e.g., Fjord eSAF, Høst green ammonia/hydrogen). The portfolio consists of development projects with a combined potential installed capacity of ~850MWDC. The project sites are scattered across Denmark, with the vast majority of the projects situated in Jutland.

Quick answer

Copenhagen Infrastructure Partners is acquiring Soltec, announced January 3, 2024. Copenhagen Infrastructure Partners is based in Copenhagen, Capital Region Of Denmark, Denmark.

How much did Copenhagen Infrastructure Partners pay for Soltec?
The deal value was not disclosed.
What does Copenhagen Infrastructure Partners do?
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind.
Where are Copenhagen Infrastructure Partners and Soltec based?
Copenhagen Infrastructure Partners is based in Copenhagen, Capital Region Of Denmark, Denmark. Soltec is based in Murcia, Region Of Murcia, Spain.
Who are the decision-makers at Copenhagen Infrastructure Partners?
Fundz holds 2 contacts at Copenhagen Infrastructure Partners. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Copenhagen Infrastructure Partners

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity and storage and Power-to-X. CIP manages ten funds and has to date (February 2023) raised approximately EUR 19bn for investments in energy and associated infrastructure from more than 140 international institutional investors (February 2023). CIP will accelerate its role in the global energy transition and aim to have EUR 100bn under management in green energy investments in 2030. CIP has approximately 400 employees and 11 offices around the world. For more information visit www.cip.com.

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Frequently asked

Who acquired Soltec?

Soltec was acquired by Copenhagen Infrastructure Partners, based in Copenhagen. The deal was reported on January 3, 2024. Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. Copenhagen Infrastructure Partners is privately held and operates in Energy.

When did Copenhagen Infrastructure Partners acquire Soltec?

Copenhagen Infrastructure Partners's acquisition of Soltec was reported on January 3, 2024. CIP’s Energy Transition Fund I (CI ETF I) will obtain 100% ownership of Soltec’s Danish early-stage solar PV portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Soltec do?

Soltec is a global manufacturer and supplier of single-axis solar trackers with a global workforce of over 1.300 people blend experience of over 18 years with innovation. It is privately held, operating in Solar, and is based in Murcia.

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