SUBSCRIBE
PROFILE

Copenhagen Infrastructure Partners sells 50% of Coalburn 1 project to AXA IM Alts

Copenhagen Infrastructure Partners has signed an agreement to sell 50% of the Coalburn 1 energy storage project to AXA IM Alts, marking a key step in the development of energy infrastructure in the United Kingdom.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90$/month

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99$/year

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Sign up for free to unlock this article

Copenhagen Infrastructure Partners (CIP), acting on behalf of its fund Copenhagen Infrastructure IV (CI IV), announced it has signed an agreement to sell 50% of its ownership in the Coalburn 1 energy storage project to AXA Investment Managers Alternatives (AXA IM Alts), a global leader in alternative investments. This divestment will become effective after the site commissioning, expected in early 2026, Copenhagen Infrastructure Partners stated in a press release published on April 28.

Coalburn 1, located in South Lanarkshire, Scotland, is a 500MW two-hour lithium-ion battery energy storage system. The project, currently under construction, will become the largest operational battery energy storage site in Europe. Copenhagen Infrastructure Partners had made the financial investment decision for Coalburn 1 in December 2023.

An expanding project portfolio in the United Kingdom

The project benefits from a high level of contracted revenues through a ten-year optimisation agreement with SSE plc (SSE), alongside a fifteen-year capacity market agreement. Copenhagen Infrastructure Partners indicated it would continue to lead Coalburn 1’s delivery during the construction phase and after site commissioning.

Coalburn 1 is one of three transmission-connected energy storage projects currently being built by Copenhagen Infrastructure Partners in Scotland. These projects will have a combined power capacity of 1.5GW and a storage capacity of 3GWh, enough to supply more than 4.5mn households for two hours.

Growing investments in energy storage

Copenhagen Infrastructure Partners is also developing an additional 4.5GW of energy storage projects across the United Kingdom. Through its CI V fund, which recently surpassed a size of EUR12bn ($12.8bn), the company invests in a wide range of renewable technologies, including wind, solar PV and energy storage, across Europe, North America and Asia-Pacific.

In the energy storage sector, Copenhagen Infrastructure Partners currently manages an active portfolio in the United States, the United Kingdom, Europe and Australia. This strategy positions the company among the world’s leading investors in the sector.

Nischal Agarwal, Partner at Copenhagen Infrastructure Partners, stated: “We are pleased to welcome AXA IM Alts as a new partner on the Coalburn 1 site, which will become Europe’s largest operational energy storage project in 2026.”

Mark Gilligan, Head of Infrastructure at AXA Investment Managers Alternatives, added: “This investment in Coalburn 1 marks a significant milestone for AXA IM Alts in entering the UK energy storage market.”

  • Popular on energynews.pro
Norway launches assessment process for two nuclear projects
Dangote refinery delivers first gasoline cargo to the United States
TexPower appoints Bader Almonawer as president to drive its industrial expansion
Tanzania bets on compressed natural gas to cut oil imports
TotalEnergies secures 1,000 km² offshore exploration permit in Congo
PowerField activates automated FCR service linked to solar and storage
Dutch company PowerField has launched a fully automated frequency reserve service, integrating solar generation, battery storage and trading, with initial operations validated by grid operator TenneT.
Lyten restarts Northvolt operations in Sweden with former executive team
Following its acquisition of Northvolt’s assets, US-based Lyten has appointed several former executives of the Swedish battery maker to key roles to restart production in Europe.
TruGrid delivers three storage projects in Texas on time and without cost overruns
US-based contractor TruGrid has completed three battery installations in Texas ahead of schedule and within budget, despite weather disruptions and logistical challenges that typically impact such projects.
GazelEnergie to develop a 300 MW data center at its Saint-Avold site
GazelEnergie plans to build a data center at its coal-fired plant in Saint-Avold, with commissioning expected in 2028 and a capacity of 300 MW.
Ormat starts operations at Texas 60MW energy storage facility
Ormat Technologies has begun commercial operation of its new energy storage facility in Texas, alongside a seven-year tolling agreement and a hybrid tax equity deal with Morgan Stanley Renewables.
Grid connection requests for batteries exceed 500 GW in Germany
German grid operators face a surge in battery storage connection requests, driven by a flawed approval process.
TWAICE rolls out analytics tools across 290 MWh of storage at Fullmark Energy
TWAICE will equip four energy storage sites in Southern California with its analytics platform, supporting operator Fullmark Energy in CAISO market compliance and performance optimisation.
CATL deploys TENER Stack system in Brazil to accelerate regional expansion
CATL unveiled in São Paulo its new 9MWh TENER Stack system, designed for the South American market, responding to rising demand for energy storage driven by the growth of renewable energy.
EdgeConneX develops 350MW data centre platform in Japan
EdgeConneX has acquired a second site in the Osaka region, bringing its total capacity to 350MW to support the growth of the Cloud and AI market in Japan.
Containerized BESS Market to Reach USD 35.82 Billion by 2030, Says MarketsandMarkets
Driven by grid flexibility demand and utility investments, the global containerized BESS market will grow at an annual rate of 20.9% through 2030.
Group14 secures $463M and takes full control of its South Korean plant
The American battery materials manufacturer, Group14, finalizes a $463 million fundraising round and acquires full ownership of its South Korean joint venture from conglomerate SK Inc.
Energy Plug enters U.S. market with GGVentures through pilot agreement
Energy Plug Technologies partnered with GGVentures to deliver three energy storage systems to the U.S. construction sector, marking its first commercial breakthrough in this strategic market.
HD Renewable Energy connects a 50 MW battery to the Hokkaido grid
HD Renewable Energy has completed the connection of its Helios storage system to the Hokkaido grid. The 50 MW project is expected to enter commercial operation by the end of 2025, targeting multiple segments of the Japanese electricity market.
Ingeteam delivers 35 MW of energy storage through seven projects in Australia
Ingeteam partners with JinkoSolar and ACLE Services to equip seven sites in Australia, representing a total capacity of 35 MW and 70 MWh of energy storage.
Copenhagen Infrastructure Partners acquires major storage project in Arizona
Copenhagen Infrastructure Partners has acquired from EDF power solutions North America the Beehive project, a 1 gigawatt-hour battery storage facility located in Arizona.
Acen Australia files federal application for 1,760MWh battery in Queensland
Developer Acen Australia has submitted a battery storage project to the federal government, targeting 440MW/1,760MWh in a region near solar and mining infrastructure in Queensland.
Google partners with Energy Dome for major energy storage project in Oman
Google invests in Italy’s Energy Dome to deploy in Oman a long-duration CO₂-based storage solution, in partnership with Takhzeen Oman and the sovereign wealth fund Oman Investment Authority.
Zeo Energy completes acquisition of Heliogen to boost long-duration storage
Zeo Energy has completed the acquisition of Heliogen, creating a new division dedicated to long-duration energy generation and storage for commercial and industrial markets.
Entech signs €5mn contract for storage system in Loire-Atlantique
Entech will deliver a 20 MWh battery storage system in Loire-Atlantique under an agreement that includes a twenty-year maintenance contract.
PGE deploys 475 MW of batteries to secure Portland’s electricity demand
Portland General Electric inaugurates three new battery energy storage sites, strengthening available capacity in the Portland metropolitan area by 475 MW and supporting growing demand while stabilising costs.

Log in to read this article

You'll also have access to a selection of our best content.