CIP and Ignitis Group to collaborate on offshore wind development in the Baltic region

Wind Industry Profile of

Ignitis Group's subsidiary, Ignitis Renewables and Copenhagen Infrastructure Partners (CIP), through its New Markets Fund, have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages Ignitis Group’s leading market position in the Baltic region and CIP’s global offshore wind expertise.

Estonia's adoption of a legal framework for offshore wind site allocation has paved the way for the utilization of extensive offshore wind potential. Meanwhile, Latvia continues to advance the development of legislation to realize their vast offshore wind potential. CIP and Ignitis Group, together with their affiliates, aim to become an active and long-term partner for the energy transition in the Baltic region,... ... More: Official Press Release CIP

Keywords:

CIP, Estonia, Latvia, Baltic Sea, offshore, wind farm, Ignitis Renewables, collaboration, site allocation, policy, potential, opportunities