S'abonner

CIP takes over Soltec’s Danish Solar Portfolio

Copenhagen Infrastructure Partners (CIP) has completed the acquisition of 100% of Soltec's Danish solar photovoltaic portfolio, a significant transaction in the energy landscape.

Share:

CIP’s acquisition of Soltec’s solar portfolio, via its Energy Transition Fund I (CI ETF I), represents a key step in strengthening their renewable energy assets. This portfolio, mainly located in Jutland, includes early-stage projects with a potential capacity of around 850MWDC.

Acquisition details

This transaction enables CIP to diversify and expand its portfolio in the solar energy sector. The acquired projects will play a role in CIP’s Power-to-X initiatives, such as Fjord eSAF and Høst, which focus on green ammonia and hydrogen production.

Implications for Soltec

For Soltec, this sale marks a strategic refocusing on other initiatives and projects. Raúl Morales, CEO of Soltec, emphasized the importance of this transaction for the company, saying that it represents recognition of the quality of their projects under development.

CIP’s reactions and outlook

Felix Pahl, Partner at CIP, spoke of the importance of this acquisition for the CI ETF I fund, in terms of developing renewable energy projects in Denmark. He underlined CIP’s commitment to working closely with local stakeholders in the deployment of these projects.
CIP’s acquisition of Soltec’s Danish solar portfolio represents a strategic move in the renewable energy sector, reflecting the current market dynamics and future orientations of both companies.

  • Popular on energynews.pro
France: RTE launches public debate over €90 billion grid investment
KATCO launches production at new uranium site in South Tortkuduk, Kazakhstan
Trump hits Brazil with 50% tariffs but spares oil and iron
AGL Energy launches 500 MW battery project for 800 mn USD in Australia
Edison reports solid growth in the first half with €9.4bn in revenue
Emerge signs 20-year solar agreement with Misk City to power an innovative urban model
Emerge has signed a twenty-year contract with Misk City for the supply of solar electricity through a 621 kWp photovoltaic plant, supporting the site’s environmental certification and urban transformation.
SANY launches 10 MW solar project in Zimbabwe with unique EP+F model
SANY begins construction of a 10 MW solar power plant in Zimbabwe, the first African project integrating engineering, procurement and financing, while continuing its expansion in microgrids and hybrid solutions across the continent.
Stem optimises the integration of the 57 MW Camino solar project in California with its automation technology
Stem deploys a grid optimisation solution for the Camino solar site, with a capacity of 57 MW, in California, meeting IEEE 2800 standards and targeting operational reliability and market performance.
Green Hybrid Power launches billion-dollar floating solar project on Lake Kariba
Green Hybrid Power secures initial $4.4mn financing to launch a 1 GW floating solar power plant in Zimbabwe, aiming to supply 500 MW to industry under a twenty-year contract.
Loblaw launches Canada’s largest rooftop solar system for its logistics centre
Loblaw Group will deploy a 7.5 MW photovoltaic installation on the roof of its East Gwillimbury distribution centre, generating up to 25% of the site’s annual electricity and marking a new step for the Canadian logistics sector.
Shell restructures five U.S. solar projects through joint venture with Ares
Savion, a Shell subsidiary, transfers majority ownership of five solar projects to Tango Holdings, 80% owned by Ares, to optimise the U.S. renewable electricity production portfolio and improve the profitability of the oil group’s investments.
KKR commits $335mn with CleanPeak Energy to support solar distribution in Australia
Investment fund KKR is committing $335mn in a strategic partnership with CleanPeak Energy to accelerate the rollout of solar, storage and microgrid solutions aimed at Australian businesses.
Bluebird Solar launches major investment to double its capacity in India
Bluebird Solar is initiating a significant investment plan in Greater Noida to increase its production capacity to 2.5 GW and integrate automated lines powered by artificial intelligence.
TotalEnergies ENEOS completes rooftop solar power plant with TechnipFMC in Malaysia
TotalEnergies ENEOS has commissioned a 680-kilowatt photovoltaic facility at TechnipFMC’s Johor Bahru site, supplying 20% of the factory’s energy needs under an 18-year power purchase agreement.
Voltalia secures two EPC contracts for 92.9 megawatts of solar power in Ireland
Voltalia has been selected for the construction of two photovoltaic plants in Ireland, totalling 92.9 megawatts, further strengthening its presence in the country’s solar infrastructure market.
Renewable energies strengthen their dominance over global electricity costs in 2024
The latest report from the International Renewable Energy Agency confirms the cost superiority of renewables, but highlights persistent challenges for grid integration and access to financing in emerging markets.
EDP Renewables signs 20-year solar contract with California Water Service
EDP Renewables North America and California Water Service have entered into a 20-year agreement to supply solar energy to a strategic Bakersfield site, reducing grid energy costs by about $1.7mn over the contract duration.
Europe’s solar slowdown marks the first decline in a decade
Solar growth in the European Union is seeing its first annual contraction in ten years, following reduced subsidies and shifting budget priorities in several member states.
Scatec wins 846 MW solar project in South Africa for 735 mn USD
Scatec secures the development of a 846 MW photovoltaic cluster in the Free State province, with an investment of ZAR13bn ($735mn), following the seventh round of South Africa's REIPPPP programme.
Enbridge launches 600 MW solar project in Texas to power Meta
Enbridge invests $0.9bn in a 600 MW solar facility in Texas, fully dedicated to powering Meta Platforms, Inc.'s data centres through a long-term power purchase agreement.
ENGIE acquires a portfolio of 22 solar projects totalling 70 MW in Pennsylvania
ENGIE has announced the acquisition of 22 distributed solar projects in Pennsylvania, further strengthening its renewable energy expansion strategy while supporting the local economy and enhancing the reliability of the distribution grid.
Estuary Power launches Escape Solar and secures major additional financing
Estuary Power commissions the Escape Solar and Storage project in Nevada, integrating 185 megawatts of solar capacity and securing enhanced financing from institutional investors to supply electricity to several major players in the leisure sector.
US tariffs and FEOC restrictions threaten solar supply chain and create risks for the industry
New anti-dumping tariffs and Foreign Entity of Concern (FEOC) restrictions are disrupting the US solar supply chain, while ongoing dependence on China exposes the industry to significant risks, according to Wood Mackenzie.
Sri Lanka signs partnership to roll out solar energy at scale
Sri Lanka and the International Solar Alliance (ISA) have signed a strategic partnership to accelerate solar energy deployment in the country, aiming for 70% renewable energy by 2030.
Sunrun raises $431 million with residential solar system securitization
Sunrun announced the pricing of its $431 million securitization, involving leases and power purchase agreements. This marks the company’s 14th public securitization and its third of 2025.

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING