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Copenhagen Infrastructure Partners completed the acquisition of a 26.67% stake in green hydrogen business of CWP for $43m.

Synopsis

Copenhagen Infrastructure Partners, an investment firm, completed the acquisition of a 26.67% stake in green hydrogen business of CWP, a renewable energy development company, for $43m. “We’re thrilled to welcome CIP to the CWP family, a new partnership that could not have come at a more important time. The race to net zero is on, and green hydrogen at scale will be a critical pillar for global decarbonisation, perhaps meeting one-fifth of global energy demand by 2050,” Alex Hewitt, CWP Global CEO.

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