Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure IV (CI IV) fund, has acquired 50 percent of Statkraft’s offshore wind portfolio in Ireland for an undisclosed amount.
The acquired portfolio, with an expected capacity of 2.2 gigawatts, includes four early- to- mid-stage offshore wind development projects off Ireland’s east and southeast coast.
The scope of the partnership includes the three phases of the North Irish Sea Array (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.
The projects are expected to be among the first commercial-scale offshore wind projects in Ireland, with commercial operations expected to commence in 2028. Statkraft and CIP are planning to invest more than €4 billion ($4.3 billion) to develop and build these projects by 2030.
“This partnership brings toge