CIC completed the acquisition of the project SPV.

CIC, a company specializing in the development of renewable energy, completed the acquisition of the project SPV. Financial terms were not disclosed. “Entering the Danish BESS market with such a competent and trusted partner is an important milestone for us. Our combined expertise allows us to smoothly bring the project into operations and to ensure it operates at its full commercial potential,” Lena Schleyer, CIC Managing Director.