CIP, through it fund CI II, today announced agreements to divest ownership of its Texan windfarms Blue Cloud and Fluanna I to TC Energy, a Canadian energy infrastructure company with operations in the natural gas and power industries. The financial details of the transaction are not disclosed. 

Fluvanna I is located in Scurry County, Texas, and has a total capacity of 155 MW. Commercial operations commenced in 2017. The Blue Cloud wind farm is located in the Bailey and Lamb Counties of Texas and has a total capacity of 148 MW with commercial operations commencing in 2018.

Mads Skovgaard Andersen, Partner in CIP says of the transaction: “Divestments play an important role in rebalancing and optimizing our portfolio. We are pleased to announce the sale of Blue Cloud and Fluvanna I; two of CIP’s first investments in onshore wind in the US. Both projects have been commercially operational for years and the transaction recognizes the value generated so far by CIP and our partners during the development, financing, construction, and operation phases.” 

About Copenhagen Infrastructure Partners

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages ten funds and has to date raised approximately EUR 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.com

For further information, please contact:

Simon Mehl Augustesen, Chief Communication Officer
Phone: +45 3052 6721
Email: siau@cip.dk

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151
Email: tkon@cip.dk