Latest news with #CopenhagenInfrastructurePartners
West Australian
26-06-2025
- Business
- West Australian
$15b Murchison Green Hydrogen project to begin construction in early 2027, ammonia production in 2030
A major onshore wind and solar energy project bound for the Mid West town of Kalbarri is set to begin construction in late 2026 or early 2027, after the completion of early engineering, design work and environmental approvals. Backed by global investment powerhouse Copenhagen Infrastructure Partners, the $15 billion Murchison Green Hydrogen project is set to become one of Australia's biggest renewable energy developments. Murchison Green Hydrogen CEO Shohan Seneviratne provided an update on the project while in Geraldton this week for the Mid West Economic Forum, promising that the company was listening to and heeding community concerns. Located at Murchison House pastoral station, 13km north-east of Kalbarri, the controversial development will comprise up to 550 wind turbines, 10,000ha of solar panels, a desalination plant and a green hydrogen hub. These will generate and store green ammonia for international export. At full scale, the project will include up to 6GW of renewable energy generation, 3GW of electrolysis, and the production of about 1.9 million tonnes a year of green ammonia. A dedicated marine export terminal — featuring offshore vessel mooring and liquid ammonia transfer infrastructure — will be built about 2.5km off the coast. Development costs were being covered by CIP through its Energy Transition Fund, the world's largest green hydrogen fund. In March, the Federal Government's Australian Renewable Energy Agency also announced $814 million for the project under the Hydrogen Headstart program. The funds will only be paid once production is under way and sales occur. Mr Seneviratne said construction would begin after a final investment decision, expected by the end of 2026 or early 2027. 'Construction for the whole project is approximately five years,' he said. 'Early production will start about the three-year mark, but full production will start at about five years.' The company has promised to inject $3m annually into local training, education and infrastructure under a community benefit sharing program, totalling about $100m over the project's life. At its peak, the project will employ 3600 construction workers, prompting concern from the Shire of Northampton which says the town cannot accommodate a workforce of that size. Mr Seneviratne said a self-contained workers camp would be built onsite. 'Not just accommodation, but dining, medical and recreational facilities — to ensure that we don't impact Kalbarri's services,' he said. For the operational workforce, which could be up to 600 people, Mr Seneviratne said they were doing a comprehensive social impact assessment and planned to work with the shire on its expansion plans for the region. In April, more than 30 protesters gathered outside the Kalbarri Sport and Recreation Centre, holding signs like 'hands off our coast' and 'truck off MGH' amid concerns the development would damage the town's tourism and environment. 'With projects of this scale, you're always going to have differing opinions,' Mr Seneviratne said. 'We've been engaging with the community to understand all those opinions and perspectives and incorporate them into the design.' He said MGH had been conducting environmental studies for more than three years — covering flora, fauna, vegetation and marine habitats — with findings to be publicly released via the WA Environmental Protection Authority later this year With other major green hydrogen projects in Australia scaling back, including billionaire Andrew Forrest's energy company Fortescue, Mr Seneviratne said several factors set the Murchison apart. 'It's not just that it's very windy — it's high-quality wind at night and strong solar during the day, allowing continuous, stable production,' he said. 'Being fully funded to final investment decision also means we can take a long-term view and optimise everything accordingly.'
Yahoo
25-06-2025
- Business
- Yahoo
North America to spearhead worldwide ammonia capacity additions through 2030
North America is poised to become the frontrunner in the global ammonia capacity additions by 2030 mainly due to the increasing demand of ammonia as a fertiliser in its agriculture industry. Moreover, natural gas serves as the principal feedstock for ammonia production, and the region boasts substantial natural gas output, resulting in reduced costs. This natural gas abundance contributes to making ammonia production more economically feasible. North America is expected to add an ammonia production capacity of 27.25 million tonnes per annum (mtpa) during 2025 to 2030 from 15 announced and nine planned projects. Of this, a capacity of 22.19mtpa is expected to be added alone in the US. The remaining capacity additions are from upcoming projects in Canada and Mexico. The highest capacity addition in the region is from the 'St Charles Clean Fuels St. James Parish Ammonia Plant', an announced project in Louisiana, US. The project is in the approval stage and is expected to commence operations in 2028 with a capacity of 3.0 mtpa. St Charles Clean Fuels is the operator while Copenhagen Infrastructure Partners KS and Sustainable Fuels Group hold 51% and 49% equity stakes in the plant, respectively. The 'Ascension Clean Energy Donaldsonville Ammonia Plant' in Louisiana, the 'Adams Fork Energy Mingo County Ammonia Plant' in West Virginia, and the 'JERA and Conocophillips US Gulf Coast Ammonia Plant' in the US Gulf Coast, all in the US, represent other significant capacity additions in the region during the outlook period with capacities of 2.40mtpa, 2.16mtpa, and 2.00mtpa, respectively. Asia follows next and is anticipated to witness considerable ammonia capacity additions of 17.40mtpa during the outlook period. Notable increases in capacity are expected in India, China, and Indonesia. The highest capacity addition in the region is expected from the 'Reliance Industries Jamnagar Ammonia Plant' in Gujarat, India. This project is also in the approval stage and is expected to commence production of ammonia in 2030 with a capacity of 6.0mtpa. The former Soviet Union (FSU), the Middle East, and Africa are other key regions that are expected to add a capacity of 10.31mtpa, 8.57mtpa, and 7.06mtpa, respectively, by 2030. Russia, Iran, and Egypt are central to the capacity additions in these three regions, respectively. Further details of global ammonia capacity and capital expenditure analysis can be found in leading data and analytics company GlobalData's new report, Ammonia Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2030. "North America to spearhead worldwide ammonia capacity additions through 2030" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Bloomberg
16-06-2025
- Business
- Bloomberg
The Private Equity Bet Transforming South Africa's Energy Market
Just two years after winning the backing of one of the world's biggest green infrastructure investors, a little-known South African company is rapidly redrawing the country's energy map. Mulilo Renewable Energy Ltd., which got a $200 million investment from Copenhagen Infrastructure Partners in 2023, has since won more utility-scale battery projects in South Africa than any other rival, despite a growing number of competitive entries. The capital injection from CIP, a private equity manager based in Denmark, is helping Mulilo rapidly challenge the dominance of state-owned monopoly Eskom Holdings SOC Ltd.
Yahoo
30-05-2025
- Business
- Yahoo
Copenhagen Infrastructure Partners and PensionDanmark launch microgrid specialist company
Plexar Energy will focus on the industrialization of microgrids, co-located production and consumption in battery-balanced energy systems. The new company will tap into the growing commercial potential for microgrids and allow for faster electrification of industries. COPENHAGEN, Denmark, May 30, 2025 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP) and Danish pension fund PensionDanmark have launched the microgrid specialist company Plexar Energy, which will develop, install and operate microgrids. Meanwhile, financing from CI Microgrid Electrification Fund allows industrial customers to install microgrids without upfront investment. CI Microgrid Electrification Fund is a new and fully subscribed pilot fund with a total commitment of EUR 112.5 million and with PensionDanmark as the sole external investor. Plexar Energy has the competencies to develop and drive the professionalization and commercialization of microgrid solutions powered by renewable energy. Plexar Energy will deliver a standardized end-to-end, on-site solution that integrates with the local power grid, ensuring a robust and grid-friendly energy system. Microgrids powered by locally produced renewable power will provide businesses with increased energy independence, manage energy price costs and volatility, and unlock additional power capacity to accelerate electrification efforts. This is achieved while having a positive effect on overall grid stability and alleviating congestion. As the electrification agenda continues to accelerate with a range of new or increased use cases, the implementation of microgrids is growing across sectors and industries. Plexar Energy will develop and operate microgrid-projects and will target industries that require cost effective, robust and clean electrical solutions that can help them maintain competitiveness whilst achieving better overall energy efficiency. This includes port operations, where microgrids can assist with establishing shore power allowing docking vessels to reduce fuel consumption and warehouses where microgrids can establish capacity for charging electrical vehicles. Further, Plexar is expected to target industries such as heavy transport, datacenters, district heating, mining and oil and gas operations. 'Electrification has become a path to improved competitiveness for many businesses and microgrids provide quick and cost-effective access to advanced technology such as power AI and electrical engineering. Plexar Energy will tap into the large commercial opportunities in the microgrid segment - and will serve industries and companies directly with their electricity needs. We are very happy to embark on this new cooperation with our long-term partner, PensionDanmark,' said partner at CIP and CEO of Plexar Energy, Karsten Plauborg. 'We need new platforms to drive the green transition of the energy system into a new phase, where it can truly take place in areas such as heavy transport and industry. Microgrids have the potential to become a central element in the future energy supply, and therefore this collaboration is an attractive return opportunity for our members' pension savings, while at the same time it can make a substantial difference for the sustainability of the energy supply,' said Rune Gade Holm, Head of Private Markets at PensionDanmark. About Copenhagen Infrastructure PartnersFounded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world's largest dedicated fund manager within greenfield energy investments. The funds managed by CIP focus on investments in offshore and onshore wind, storage, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, advanced bioenergy, and Power-to-X. CIP manages 13 funds and has to date raised approximately EUR 32 billion for investments in energy and associated infrastructure from approximately 180 international institutional investors. CIP has projects in more than 30 countries and more than 2500 employees across platforms. For more information, visit About PensionDanmarkPensionDanmark is a labor market pension fund and among the 50 largest pension funds in Europe. PensionDanmark manages pension schemes, healthcare program and educational funds on behalf of 838,000 members employed and 21,100 businesses within the Danish private and public sector. PensionDanmark is not-for-profit and owned by our members. As a result, all profits go to our members. Contributions totaled EUR 2.3 billion in 2024. Total assets is now EUR 47.7 billion. For more information, please visit For further information, please contact: Oliver Routhe Skov, Head of Media RelationsPhone: +45 30541227Email: orsk@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Energy Transition Update - Philippines Offshore Wind Project: A Major Sustainable Energy Leap
Copenhagen Infrastructure Partners and ACEN have announced a partnership to develop the first large-scale offshore wind project in the Philippines, located near San Miguel Bay in Camarines Sur. With a potential installed capacity of up to 1 GW, this initiative marks a significant step in harnessing the country's offshore wind resources, aiming to meet growing energy demand with sustainable power. The project, supported by strategic site conditions and a strong local partnership, underscores a commitment to accelerate the energy transition in the Philippines. Currently in its pre-development stage, it awaits regulatory approvals and anticipates participation in the upcoming Department of Energy's Green Energy Auction. In other trading, was a notable mover up 9.6% and finishing the session at HK$11.64. In the meantime, lagged, down 6.3% to finish the session at $64.23. A. O. Smith is leveraging strategic expansion and operational optimizations to potentially enhance profitability despite external pressures. Discover the full narrative on how these initiatives could impact the company's financial future. For more on this topic, don't miss our Market Insights article, "Automakers Caught In The Tariff Crossfire," which explores the intricate challenges faced by automakers amid shifting markets and tariffs. Get in fast before the landscape changes. closed at $156.45 up 0.5%. ended the day at $136.02 down 1.3%, hovering around its 52-week low. This week, Chevron amended its corporate bylaws to allow officer exculpation following stockholder approval. finished trading at $356.90 down 1.7%. Reveal the 156 hidden gems, such as Bharat Heavy Electricals, Wärtsilä Oyj Abp and EMCOR Group, among our Energy Transition Stocks screener with a single click here. Interested In Other Possibilities? We've found 17 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Copenhagen Infrastructure Partners and ACEN to team up on the Philippines' first large-scale offshore wind project" from Copenhagen Infrastructure Partners on GlobeNewswire (published 29 May 2025) Companies discussed in this article include SEHK:412 NasdaqGS:FSLR NYSE:CVX NasdaqGS:TSLA and NYSE:AOS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
