Copenhagen Infrastructure Partners P/S (CIP), a Denmark-based fund management company focused on energy infrastructure, has officially established Copenhagen Infrastructure Partners Inc.’s office in New York City.
Copenhagen Infrastructure Partners Inc. is a Delaware corporation, registered with New York State Department of State, and a wholly owned subsidiary of CIP. On Sept. 4, CIP hosted an opening reception at its new office, welcoming Danish advisory firm FIH Partners and Danish law firm Bech-Bruun, which have also established their Americas presences jointly with CIP in New York City.
“While CIP has already had a presence on the ground with several existing energy projects and project offices in the U.S. for some time, it is with great pride we now open our New York office, which will be staffed by a strong and experienced investment team of energy infrastructure specialists, including both CIP veterans and newly hired U.S. citizens, including William Demas, the local team head,” says Jakob Baruel Poulsen, managing partner of CIP. “CIP sees a great potential in the U.S. energy infrastructure market, and with an investment pipeline of more than 4 GW, CIP expects to continue to commit capital to several new projects over the coming years.”
CIP, through its four managed funds, has established an investment portfolio and pipeline of over 4 GW in the U.S. and Canada, consisting of energy infrastructure projects including onshore wind, offshore wind and solar. This announcement follows CIP’s recent successes in the U.S.: most notably, the start of construction on the Misae and Sage solar projects (which total 400 MW in aggregate); Vineyard Wind’s award of an 800 MW tender in Massachusetts for an offshore wind project (Vineyard Wind is a joint venture of Avangrid Renewables and CIP); and the successful financing of the Blue Cloud wind project, which will bring CIP’s operating U.S. onshore wind fleet to 500 MW when it begins commercial operations later this year.