CIP buys into CWP's green hydrogen development portfolio

Copenhagen Infrastructure Partners (CIP) has recently completed a strategic investment in CWP Global’s development portfolio of "ultra-large-scale" green hydrogen hubs across multiple regions.

The newly-announced deal has seen CIP’s Energy Transition Fund I acquire a 26.67% stake in a development platform within CWP’s green hydrogen business that includes projects located in Africa, Australia and the Americas.

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“Achieving decarbonisation targets requires green hydrogen and green ammonia to be produced at scale. Through this investment, CIP’s Energy Transition Fund now further expands its participation in the development of gigawatt scale PtX developments,” commented Felix Pahl, Partner at CIP.

According to a joint announcement, CWP’s green hydrogen hub portfolio represents a planned renewable power generation capacity of almost 220 GW in total. It includes the Australian Renewable Energy Hub (AREH), which is under the operatorship of BP Plc since last year.