CIP to acquire a 50% stake in the Ireland offshore wind portfolio of Statkraft.

Copenhagen Infrastructure Partners, an investment firm agreed to acquire a 50% stake in the Ireland offshore wind portfolio of Statkraft, a generator of renewable energy. Financial terms were not disclosed. “We are very pleased to be entering the Irish offshore market and look forward to developing these exciting projects together with Statkraft. In combining CIP’s industrial background and international experience within offshore wind with Statkraft’s experience of Irish renewables, the partnership will enable the provision of renewable power to Irish homes and businesses and contribute to reaching the government’s ambitious decarbonisation targets,” Nischal Agarwal, CIP Partner.