The project sites are scattered across Denmark with the majority located in Jutland. (Source: Shutterstock)
Copenhagen Infrastructure Partners (CIP) is acquiring several early-stage photovoltaic-solar power projects from Soltec in Denmark.
CIP will obtain 100% ownership of Soltec’s Danish solar PV portfolio through CIP’s Energy Transition Fund I (CI ETF 1), the Copenhagen-based firm announced Jan. 3.
The portfolio of development projects has a combined potential installed capacity of approximately 850 megawatts (MW). The project sites are scattered across Denmark with the majority located in Jutland.
CIP plans to develop, build and operate the projects to provide renewable electricity for ETF 1’s Danish Power-to-X projects—including projects for producing clean synthetic jet fuel and green hydrogen.
“The Soltec portfolio represents an attractive opportunity for CI ETF I to acquire power generation assets under development, thereby enabling our Power-to-X projects under development in Denmark,” CIP Partner Felix Pahl said in a news release.
“Without any doubt, this is a great sign of trust in Soltec, and they will have our support at an industrial level during the development of the projects,” said Raúl Morales, CEO of Spain-based Soltec.
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