Copenhagen Infrastructure Partners (CIP) has launched Horizon New Energy, a dedicated platform for the development and realization of renewable-energy projects in Canada.
Based in Calgary, Alberta, Horizon will be an independent power-producer that owns both operational projects and a growing pipeline of projects under construction and in development. The new company will be responsible for developing CIP’s Flagship Funds’ existing 1.2 gigawatts of development assets in the province.
Horizon will primarily focus on the origination, development and implementation of solar PV, onshore wind and battery storage projects. Horizon’s development efforts will be led by Shannon Wever, an established developer in Canada with more than 20 years of experience in renewable-energy origination and development.
This move builds on top of CIP’s activities in Canada, which includes building the largest solar project in Canada, Travers Solar (692 megawatts DC), and constru