CIP’s Vitality Transition Fund I has obtained full possession of Soltec’s Danish early-stage PV portfolio, with the intention of creating these property to offer electrical energy for ETF I’s Danish Energy-to-X tasks.
The portfolio consists of improvement tasks scattered throughout Denmark with a mixed potential put in capability of roughly 850 MW.
“The Soltec portfolio represents a horny alternative for CI ETF I to amass energy technology property beneath improvement, thereby enabling our Energy-to-X tasks beneath improvement in Denmark,” says CIP’s Felix Pahl.
“We’re sure that CIP can speed up the event of the portfolio by committing to work intently with native stakeholders to deploy renewable power tasks in Denmark. CI ETF I goals to make a constructive contribution to the inexperienced transition and Energy-to-X trade by creating world main capabilities in Denmark. The Soltec portfolio can turn into one in all CI ETF I’s steps in the direction of driving native development and worth to the CI ETF I traders.”
“We’re very happy with this primary settlement reached with CIP, an organization with an awesome recognition and expertise worldwide, to which we’ve got been in a position to present with top quality tasks beneath improvement in Denmark, to contribute to its development,” provides Soltec CEO Raúl Morales. “With none doubt, this can be a nice signal of belief in Soltec, and they’ll have our help at an industrial degree in the course of the improvement of the tasks.”
