Copenhagen Infrastructure Partners Purchases Initial Danish Solar PV Portfolio from Soltec

Copenhagen Infrastructure Partners (CIP) is set to take full ownership of Soltec’s Danish early-stage solar PV portfolio through CIP’s Energy Transition Fund I (CI ETF I). The objective is to develop, construct, and manage these assets to supply renewable electricity for ETF I’s Danish Power-to-X initiatives, such as Fjord eSAF and Høst green ammonia/hydrogen. This portfolio comprises development projects with a combined potential installed capacity of approximately 850MWDC, distributed across various locations in Denmark, primarily in Jutland.

Felix Pahl, a Partner in CIP, expressed pride in CIP’s inaugural acquisition of Danish solar PV energy. He highlighted the Soltec portfolio as a compelling opportunity for CI ETF I to acquire power generation assets in development, supporting their ongoing Power-to-X projects in Denmark. Pahl emphasized CIP’s commitment to collaborating with local stakeholders to expedite the portfolio’s development and deploy renewable energy projects, contributing to Denmark’s green transition. CI ETF I aims to pioneer cutting-edge capabilities in Denmark, driving growth and value for its investors with the Soltec portfolio as a crucial step.

Soltec’s CEO, Raúl Morales, conveyed satisfaction with the agreement with CIP, recognizing their global recognition and experience. He underscored Soltec’s role in providing high-quality projects to bolster CIP’s growth, signifying a strong vote of confidence in Soltec. Morales assured their unwavering support at an industrial level throughout the project development phase.