Veja Mate completes construction

We are pleased to announce that first offshore wind project of CIP has completed its construction. With the installation and commissioning of the last of its 67 Siemens SWT-6.0-154 turbines, Veja Mate completed construction just 23 months after Financial Close (FC). This achievement is a result of the active de-risking already in the development and contracting as well as the active management by the Veja Mate construction team.

Henrik Scheinemann, CEO is most pleased to announce the achievement of this final EPCI milestone. He stated, “Since taking over management of Veja Mate after a successful FC, our goal was to bring it to completion as quickly as possible. All 67 turbines are now feeding green, renewable electricity into the German grid, almost 4 months ahead of schedule agreed at FC.”

The Wind Farm will produce enough electricity to power 400,000 German homes relieving the environment of 700,000 tons of Co2 emissions annually for the next 25  years.

Copenhagen Infrastructure Partners K/S (CIP) is a fund management company founded in 2012 by senior executives from the energy industry and PensionDanmark. CIP is owned and managed by the five partners, Jakob Baruël Poulsen, Rune Bro Róin, Torsten Lodberg Smed, Christian T. Skakkebæk and Christina Grumstrup Sørensen. All five partners have extensive experience within infrastructure investments and mergers & acquisitions. CIP currently manages the funds Copenhagen Infrastructure I K/S, CI Artemis K/S, Copenhagen Infrastructure II K/S, and Copenhagen Infrastructure III K/S. Copenhagen Infrastructure I K/S and CI Artemis K/S both have PensionDanmark as sole investor, while Copenhagen Infrastructure II and III K/S have multiple Danish and international institutional investors.

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.