Soltec has sold 100% of its portfolio of photovoltaic projects in Denmark, which are in an initial phase of development and has an installed capacity of 850 megawatts (MW), to Copenhagen Infrastructure Partners (CIP), through its fund Energy Transition Fund I, reported the company, which did not specify the amount of the operation.

Specifically, these photovoltaic projects are distributed throughout Denmark, with the majority of the assets located in the Jutland region.

CIP’s objective is to develop, build and operate these solar PV generation assets to supply part of the renewable electricity required for ETF I’s Power-to-X projects in the country – for example, Fjord eSAF and Host green ammonia/hydrogen -.

The CEO of Soltec, Raúl Morales, CEO of Soltec, was “very satisfied” with this first agreement reached with CIP, “a company of recognized prestige and extensive experience worldwide” and added that the fund will have comprehensive support of the company at an industrial level during the development of these projects.

For his part, Felix Pahl, partner at CIP, considered that Soltec’s portfolio is presented “as an extremely attractive opportunity for CI ETF I”, allowing it to acquire power generation assets under development and make Power-to-X projects a reality. developing in the country.

“We are convinced that CIP will be able to accelerate the development of these assets by committing to collaborate closely with local actors to implement renewable energy projects in Denmark,” he said.