Copenhagen Infrastructure Partners News

Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year, with several projects in various stages of development and construction, after a disastrous 2023 of developers cancelling contracts and taking roughly $9.1 billion in write-offs and impairments on U.S. projects.So far, Avangrid…

Renewable energy firm Avangrid and fund manager Copenhagen Infrastructure Partners said on Thursday their joint venture, Vineyard Wind 1, has begun operations at five of its wind turbines, supplying 68 megawatts (MW) to the New England grid.Currently, the project has successfully installed nine turbines and is in the process of installing the 10th, with preparations underway to transport the 11th turbine to the offshore project site.Offshore wind projects in the U.S.

The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities.The grant for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project comes through the U.S. Department of Transportation’s Nationally Significant Multimodal Freight & Highway Projects (INFRA) grant program, which received a substantial funding increase…

The U.S. offshore wind industry reached an important milestone on January 2 when Vineyard Wind 1, the country’s first large scale project, supplied first power to the Massachusetts grid.“As the nation’s first utility-scale offshore wind farm this is a fairly momentous event,” Ken Kimmell, Chief Development Officer for Avangrid, the Iberdrola subsidiary co-developing the project with Copenhagen Infrastructure Partners (CIP), told Reuters Events.The turbine will be joined by 61 additional turbines to provide 806 MW of power to the grid by the end of the year…

European energy firms Equinor and BP  terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues."This agreement reflects changed economic circumstances on an industry-wide scale and repositions an already mature project to continue development in anticipation of new offtake opportunities," Equinor said in a statement on Wednesday, in an apparent reference…

Copenhagen Infrastructure Partners and Avangrid said on Wednesday their joint venture Vineyard Wind began generating power for the first time, supplying five megawatts (MW) to the New England grid.The project is expected to have five turbines operating at full capacity in early 2024, the companies said.The announcement comes after offshore wind projects in the United States faced financial troubles in recent months on account of soaring inflation, interest rate hikes and increased project costs due to supply chain issues.The 806-MW Vineyard Wind 1 project, offshore construction of which began

The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.The offshore wind industry is expected to play a major role in helping several states and U.S. President Joe Biden meet goals to decarbonize the power grid and combat climate change.But progress slowed in 2023 after offshore developers canceled contracts to sell power in Massachusetts, Connecticut and New Jersey…

U.S.-based offshore wind developer Vineyard Offshore on Monday announced it has named Alicia Barton as the company’s new CEO, starting in January.Barton will take over for Lars T. Pedersen, who has led the company since it was founded in 2022 and before that led the team developing Vineyard Wind, the first commercial-scale offshore wind project in the United States, now under construction.“I had the pleasure of working with Alicia during the very early days of the Vineyard Wind project and know she brings an outstanding mix of skills and talent to Vineyard Offshore,” Pedersen said.

New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as part of a massive renewable energy procurement that will provide 12% of the state's power needs in 2030.The announcement, which the state billed as the nation's largest ever investment in offshore wind, comes less than two weeks after New York regulators rejected requests by three offshore wind developers to renegotiate their contracts because of soaring costs. In response…

The first GE Haliade-X wind turbine generator has been installed at the Vineyard Wind 1 project in the US.The completed turbine is comprised of one tower, three blades, and one nacelle, and the fully assembled machine represents the largest turbine in the western world, with a nameplate capacity of 13MW, capable of providing power to more than 6,000 homes and businesses in Massachusetts, says project partners Avangrid Inc. and Copenhagen Infrastructure Partners (CIP).The project will consist of 62 wind turbines to generate 806MW…

A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses.U.S. District Judge Indira Talwani in Boston last Thursday tossed the final two federal district court lawsuits directly challenging the Vineyard Wind project roughly 15 miles south of Martha’s Vineyard, which would be the first commercial…

The installation of the first monopiles and transition pieces has kicked off for the first commercial-scale offshore wind farm in the United States - the Vineyard Wind 1.“We can finally say it – as of today, there is ‘steel in the water,’” said Klaus S. Moeller, CEO of Vineyard Wind, the company developing the Vineyard Wind 1 offshore wind farm, located in a federal wind energy area 15 miles south of Martha's Vineyard and Nantucket, and 35 miles from mainland Massachusetts.Vineyard…

Spanish renewable energy company Iberdrola said this week it was making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States, with the receipt of the first shipment of components for the 62 wind turbines that will make up the farm at the port of New Bedford. Specifically, the shipment consisted of the tower sections, manufactured in Portugal. The components arrived in the U.S. aboard the heavy load carrier UHL Felicity.The…

The offshore substation and jacket foundation, bound for the U.S. offshore wind project Vineyard Wind 1, have left the quay at Bladt Industries’ production site in Southern Denmark, heading for its destination 35 miles from mainland Massachusetts.Sail-away is on time according to the original schedule and is a major milestone for the project team from Bladt Industries, Semco Maritime, and ISC Consulting Engineers.Vineyard Wind 1 is carried out as an EPC contract, with ISC as a subcontractor…

U.S. offshore wind farm developer Vineyard Wind will deploy and test a secondary bubble curtain noise mitigation system during foundation installation at the Vineyard Wind offshore wind farm, the first commercial-scale wind farm installation project in the U.S.For this, the company is investing in ThayerMahan, a firm that specializes in seabed surveys, acoustic mitigation and monitoring, and other maritime-related services, with facilities in Connecticut and Massachusetts. The $5 million in funding comes from Vineyard Wind's Industry Accelerator Fund…

A.P. Møller Holding A/S has acquired offshore vessel services firm Maersk Supply Service A/S from A.P. Møller – Mærsk A/S, through the closing of the previously announced transaction.In connection with the closing of this acquisition, A.P. Moller Holding has elected a new CEO and Board of Directors for Maersk Supply Service A/S. Christian M. Ingerslev will take over the Chief Executive Officer (CEO) position from Steen S. Karstensen, who has been at the helm of Maersk Supply Service since 2016.

Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it also has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible.Once water gets more than about 200 feet deep – roughly the height of an 18-story building – these “monopile” structures are pretty much out of the question.A solution has emerged that’s being tested in several locations around the world: wind turbines that float.In California…

The U.S. government's first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies seeking a foothold in the U.S. wind-power industry's expansion to the Pacific Ocean.The auction began on Tuesday and ended Wednesday, the offshore wind industry's first chance to snag leases in waters off the U.S. West Coast. It was a milestone in the global expansion of floating wind, a fledgling technology necessary…

Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc. and Copenhagen Infrastructure Partners (CIP), announced a partnership with autonomous maritime solutions company ThayerMahan for seabed and infrastructure survey and inspection work in the waters off southern Massachusetts.Based in Groton, Conn., ThayerMahan, specializes in seabed surveys, acoustic mitigation and monitoring, and other maritime related services and has facilities in Connecticut and Massachusetts.

Five developers selected to build the first floating wind farms in U.S. federal watersTo support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035, the Bureau of Ocean Energy Management (BOEM) has concluded the auction date for five 33-year leases offshore California. Exhibit 1 summarizes the outcome of the auction and estimates the potential of the lease areas using BOEMs standard power density formula of 3 MW per square kilometer…

Copenhagen Infrastructure Partners (CIP) has proposed to construct an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called "BrintØ" - in the Danish part of the North Sea. According to CIP, one of the world’s largest dedicated fund managers within greenfield renewable energy investments, the Hydrogen Island is expected to be able to produce one million tons of green hydrogen per year once fully built and will thus be "a crucial step…

As the world continues to scramble for renewable energy, floating offshore wind has emerged as a key capacity enabler in the coming decades. With no major commercial scale projects currently in operations, the segment is largely based on governments and developers ambitious project plans for the future. Nonetheless, this market segment can offer vast opportunities to the world of offshore support vessels in both near- and long-term prospects.In this piece, we will discuss the key opportunities and challenges related to offshore floating wind…

On 6 February 2023, Monjasa and HØST PtX Esbjerg have signed a Commercial Collaboration Agreement (CCA) on logistics services and offtake of green ammonia for the maritime sector. According to the CCA, Monjasa will provide logistics services that will enable distribution of green ammonia from HØST PtX Esbjerg, which is a Danish power-to-ammonia project managed by Copenhagen Infrastructure Partners (CIP).As a maritime logistics partner, Monjasa has the possibility to provide the offtake partners of HØST PtX Esbjerg with green ammonia.