Posted by: Windfair Editors
CIP Sells Stake in Spanish Wind Farm Cluster
Official Press Release CIP:
CIP divests 49% minority stake in Spanish wind farm portfolio Monegros
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure III K/S (CI-III), is pleased to announce that it has entered into an agreement to divest a 49% stake in the Monegros onshore wind portfolio to a fund managed by Arjun Infrastructure Partners (Arjun).
The Monegros portfolio consists of 12 onshore wind farms with a total installed capacity of 487 MW located in Aragon, Spain. Monegros is part of Copenhagen Infrastructure III K/S (CI-III), a EUR 3.5bn energy infrastructure fund managed by CIP. “We welcome Arjun as partner in the Monegros portfolio and are pleased to enter in this transaction that recognises the value generated so far by CIP and its partners during the development and construction phase of this high-quality... ... More: Official Press Release CIP
- Keywords:
- Copenhagen Infrastructure Partners, CIP divest, Arjun Infrastructure Partners, fund, Monegros, wind farm, onshore, Spain, Aragon, MW