Magellan Wind and Copenhagen Infrastructure Partners (CIP) have joined to develop floating offshore wind projects off the California coast and other areas of the United States. Magellan will contribute knowledge of U.S. leasing, permitting, offtake, transmission and interconnection, and CIP will provide project design, engineering, finance, construction and operations.
“The offshore wind industry in the United States, with its huge job-creation and economic-development potential, is poised for a rapid acceleration,” said Jim Lanard, Magellan CEO. “We expect floating wind to be a significant contributor to this new-to-the-U.S. sustainable industry. We’re thrilled that we’ll be working with CIP to make the most of this exciting opportunity.”
Magellan plans to develop small- and large-scale offshore wind projects in deep coastal waters where floating foundations are required.