Statkraft and CIP to develop offshore wind in Ireland

Wind Industry Profile of

Statkraft has announced a major deal with Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure IV K/S (CI IV) as part of its plans to develop up to 2.2 gigawatts of offshore wind in Ireland.

This landmark partnership will see CIP acquire a 50% stake in Statkraft’s offshore wind portfolio in Ireland. The financial terms of the deal have not been disclosed. The scope of the partnership includes the three phases of the North Irish Sea Array, or NISA, and the Bore Array. The proposed location for NISA is off the coast of counties Dublin, Louth, and Meath, while the site of the Bore Array has been proposed for the Celtic Sea. Developing and building these projects is expected to require an investment of more than €4 billion by... ... More: Official Press Release Statkraft

Keywords:

Statkraft, Copenhagen Infrastructure Partners, CIP, Ireland, wind farm, offshore, developer, investment, North Irish Sea Array, Bore Array