On behalf of Copenhagen Infrastructure II, Copenhagen Infrastructure Partners acquires 100% of the US onshore wind projects Bearkat Renewable Energy Project, LLC (366 MW) in Glasscock County, Texas and Blue Cloud Renewable Energy Project, LLC (150 MW) in Bailey and Lamb Counties, Texas.
The projects are developed by TriGlobal Energy in cooperation with the local communities. TriGlobal Energy will continue to assist Copenhagen Infrastructure Partners with the development towards financial close and the projects are planned to be fully operational before 2018 and qualify for 100% Production Tax Credits.
About Copenhagen Infrastructure Partners
Copenhagen Infrastructure Partners P/S (CIP) is a fund management company focused on energy infrastructure including offshore wind, onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, and other energy assets like reserve capacity and storage. CIP has approximately 110 employees and offices in Copenhagen, Taipei, New York, Tokyo, Utrecht, and London.
CIP manages six funds and has more than EUR 8 bn under management. CI I, CI A I and CI A II have PensionDanmark as founding- and sole investor. CI II has 19 Danish and international institutional investors and CI III has 42 institutional investors from the Nordics, Continental Europe, the UK, Israel, Asia, Australia, and multi-lateral organizations e.g. EIB. CI NMF I has 15 investors from the Nordics and Continental Europe.
CIP was founded in 2012 by senior executives from the energy industry in cooperation with Pension Denmark.