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Copenhagen Infrastructure Partners Acquires 1 GWh Scatter Wash Battery Energy Storage Project in Arizona and Signs Agreements with Strata Clean Energy

Sep 24, 2024•over 1 year ago

Contract Type

partnership

CopenhagenEnergyRenewable EnergySolar

Description

Copenhagen Infrastructure Partners, through its flagship fund, CI V, has acquired the 255MW / 1,020 MWh Scatter Wash standalone battery storage project in Phoenix, Arizona from Strata Clean Energy. Additionally, CIP has signed construction and asset management agreements with Strata.

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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Strategic partnership established
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