CIP enters into partnership with Offshore Energy for Australian offshore wind project

Offshore Energy Pty Ltd. (Offshore Energy) and Copenhagen Infrastructure Partners (CIP), on behalf of the fund Copenhagen Infrastructure III K/S (CI III), are pleased to announce that they have entered into a partnership regarding the continued development of Australia’s first offshore wind farm, the Star of the South. The project has so far been developed solely by Offshore Energy.

The Star of the South is located off the south coast of Gippsland, Victoria. The site is located 10-25 km off the coast in the Bass Strait and has a total expected capacity of up to 2,000MW. Further development of the site will be undertaken jointly by the partnership.

“Offshore Energy is delighted to partner with Copenhagen Infrastructure Partners, one of the leading offshore wind developers in the world, to develop Australia’s first offshore wind farm. The partnership brings together local knowledge and proven international experience that we believe will deliver many benefits for Australia, Victoria and local communities.”, says Andy Evans, Managing Director of Offshore Energy.

”Star of the South offers a unique opportunity within offshore wind in a new market. We are very satisfied with this partnership, and look forward to contributing our competence and experience in cooperation with Offshore Energy, all levels of Government and key stakeholders in the development of the first offshore wind project in Australia”, says Torsten Lodberg Smed, Senior Partner in Copenhagen Infrastructure Partner.

For any further information, please contact:

Andy Evans, Offshore Energy, by phone: +61 400 018 087 or by e-mail: andy.evans@offshorenergy.com.au  Webpage: www.offshorenergy.com.au

 About Offshore Energy

Offshore Energy is a Victorian-based company established in 2012. The company is led by an experienced management team which has over 40 years’ combined experience in the Australian renewable energy industry and further detailed experience in the power, oil & gas and resources industries. The company is headed by Terry Kallis (Chairman) and Andy Evans (Managing Director).

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.