Author: CI Biomass Management Limited

Copenhagen Infrastructure Partners completes GBP 250m refinancing of two biomass power plants in the UK (Brigg and Snetterton)

Copenhagen Infrastructure Partners (CIP) has completed the refinancing of its interest in two biomass power plants in the UK on behalf of the fund Copenhagen Infrastructure I K/S (CI I). The fund has provided equity, preferred equity and senior debt for the development and construction of the two biomass power plants. The plants have now come into operation and senior debt has been sourced from third parties to refinance CI I’s initial investment. The fund retains its ownership interest in the two operating entities. The GBP 250m senior debt financing is delivered by a combination of banks and institutional...

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CIP PROJECT Office Taiwan- Inauguration Ceremony

CIP opens project office in Taipei and announces collaboration with state-owned partner China Steel and Diamond Generation Asia Copenhagen Infrastructure Partners (CIP) Project office in Taiwan was officially unveiled on 6th October. The ceremony was attended by Deputy Minister Yang of Ministry of Economic Affairs and Director General of Bureau of Energy Mr. Lin together with local partners Chairman of China Steel Company Weng Chao-Tung and Chairman of CSBC Cheng Wen-Lon alongside representatives from local financial institutions, potential suppliers and government officials. CEO of CI Wind Power Development Taiwan Co. Ltd, Jesper Krarup Holst, said ”CIP is currently developing 3 offshore wind farms in Taiwan located west of Changhua with a total capacity of up to 1500MW. The 3 projects are in the process of applying for the environmental permit which is required to be in place by the end of 2017.” Deputy Minister Yang of Ministry of Economic Affairs welcomed CIP to Taiwan in his speech and expects CIP uses its offshore wind experience from Europe to establish a ‘green homeland’ in Taiwan. The Deputy Minister also presented CIP a traditional gift ‘radish’ that symbolizes ‘good luck’. In the ceremony, CIP Taiwan Chairman Mr. Eldrup explained that “CIP is developing the 3 projects in close collaboration with local companies and universities in Taiwan and has signed MOUs with CSBC and Changhua County Government”. Mr. Eldrup further stated that...

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First jacket installation in Beatrice Offshore Wind Farm

Copenhagen Infrastructure Partners K/S (CIP) is a fund management company founded in 2012 by senior executives from the energy industry and PensionDanmark. CIP is owned and managed by the five partners, Jakob Baruël Poulsen, Rune Bro Róin, Torsten Lodberg Smed, Christian T. Skakkebæk and Christina Grumstrup Sørensen. All five partners have extensive experience within infrastructure investments and mergers & acquisitions. CIP currently manages the funds Copenhagen Infrastructure I K/S, CI Artemis K/S, Copenhagen Infrastructure II K/S, and Copenhagen Infrastructure III K/S. Copenhagen Infrastructure I K/S and CI Artemis K/S both have PensionDanmark as sole investor, while Copenhagen Infrastructure II...

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