CIP and Forestalia Invest in Large Spanish Onshore Portfolio

Wind Industry Profile of

Forestalia and Copenhagen Infrastructure Partners (CIP) are pleased to announce an agreement to invest in a portfolio of 27 onshore wind farms under development. The portfolio, located in the Spanish province of Teruel, Aragon, is expected to have a total installed capacity of more than 1GW.

All the projects in the portfolio have secured grid connection rights and are currently being progressed towards financial close, which is expected in approximately 24 months. Under the terms of the agreement, Forestalia will provide development services to the portfolio of projects until they reach financial close and begin construction. This transaction represents a new investment for Copenhagen Infrastructure IV (CI-IV), the latest energy infrastructure fund managed by CIP. CIP... ... More: Official Press Release CIP

Keywords:

CIP, Forestalia, Spain, onshore, Aragon, wind farm, portfolio, under development, GW, capacity, grid connection, construction, financial close