CIP pursues new green tech to counter oil giants' offshore wind entry

The offshore wind market is growing at an explosive rate, but so is the competition. With an opportunistic approach, Copenhagen Infrastructure Partners attempts to secure high returns among fewer players.
CIP Partner Michael Hannibal expects a golden age for offshore wind in the coming decade. But increasing competition is pressuring returns, making it crucial to secure good projects early on. | Photo: Søren Vendelbo/ERH
CIP Partner Michael Hannibal expects a golden age for offshore wind in the coming decade. But increasing competition is pressuring returns, making it crucial to secure good projects early on. | Photo: Søren Vendelbo/ERH
BY KASPER BRØNDGAARD ANDERSEN

The green energy transition within not just the power system, but the transport sector as well, will mean a massive build-out of renewable energy in the coming decades, and investors jump at the chance of getting a share. Not least offshore wind, which still makes up only a small part of the combined electricity system, could be facing a wild decade.

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