Copenhagen Infrastructure Partners (CIP) will develop several gigawatt-scale green hydrogen projects in the US as part of its strengthened partnership with independent energy company Tenaska.
The partners have announced their plans with the intent of serving both local and global demand for green hydrogen, ammonia, methanol, sustainable aviation fuel. In turn, this will support the US Department of Energy’s targets to produce 10 million metric tonnes of clean hydrogen annually by 2030.
Copenhagen Infrastructure Partners (CIP) carried out the agreement through its Energy Transition Fund I (CI ETF I), believed to be the largest dedicated clean hydrogen fund globally.
CI ETF has ~6.5GW of electrolysers in its base case portfolio and reached its first close with €800m in commitments in June 2021. The fund was oversubscribed and closed at the hard cap of €3bn in August 2022.
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