Copenhagen Infrastructure Partners has entered a strategic partnership with climate technology company Stiesdal Offshore to establish Stiesdal as a long-term leader in the floating wind industry.
Floating wind is expected to grow significantly in 2030 to 2040, and Stiesdal Offshore will accelerate the development of floating offshore wind and position itself as a one-stop shop for floating offshore wind projects, according to CIP.
”We remain committed to floating offshore wind, which we believe will play an important role in the global energy transition,” said Michael Hannibal, partner at CIP, in a LinkedIn posting. “This investment is a next step in our pursuit of large-scale floating wind projects, and together with Stiesdal Offshore we look forward to working toward advancing floating wind technology, overall project execution and cost reduction.”
CIP entered the partnership with Stiesdal Offshore through its flagship fund, Copenhagen Infrastructure V
