Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V), has entered a new partnership with Italian developer GC Storage Services (GCSS) — an operating platform set up by Ikigai Energy and Agnoli Giuggioli — for a 2.3-gigawatt pipeline of large-scale battery storage projects in Italy.
The projects are spread across Northern and Southern Italy, with the first expected to reach ready-to-build in 2025.
Batteries are becoming a prominent part of CIP’s portfolio with recent investments in the United Kingdom, the United States, Chile and Australia. The addition of the Italian pipeline marks CIP’s growth into selected European markets where the systems’ need for batteries is clear. Italy has a supportive regulatory framework, allowing CIP to leverage its growing experience in the storage sector to successfully deliver these large infrastructure projects.
Italy is expected to grow into one of Europe’s largest battery markets,
