Copenhagen Infrastructure Companions (CIP), on behalf of its Flagship Funds, has launched a devoted platform for the event and realization of vitality initiatives in Canada.
The brand new platform, Horizon, builds on CIP’s actions in Canada up to now, which incorporates Travers Photo voltaic (692 MW DC) and the Buffalo Plains wind undertaking (495 MW AC).
“As a part of CIP’s devoted technique of investing in development platforms, we’re excited concerning the prospects and the chance to create a longtime developer of renewable vitality initiatives in Canada,” says CIP’s Tim Evans. “Horizon is a vital step in our efforts to develop renewable vitality initiatives in Canada that can present native jobs and clear, renewable vitality for a few years to come back.”
Horizon can be an impartial energy producer proudly owning each operational initiatives in addition to initiatives below building or in growth. Primarily based in Calgary, the brand new firm will assume the accountability of the event of CIP’s Flagship Funds’ current 1.2 GW of growth property in British Columbia. Horizon will primarily concentrate on the origination, growth and implementation of photo voltaic PV, onshore wind and battery storage initiatives.
Horizon’s growth efforts can be led by Shannon Wever, a longtime developer in Canada with greater than 20 years of expertise in renewable vitality origination and growth.
“I’m thrilled to affix CIP and lead Horizon New Vitality in Canada. Canada is within the midst of a major build-out of renewable vitality to fulfill Canada’s ambitions of decarbonizing the electrical energy grid by 2035, so I’m excited by the chance to leverage CIP’s industrial expertise and monetary capability in Horizon’s growth efforts,” says Wever.
