Copenhagen Infrastructure Partners has announced that it has launched Baldur Power GmbH as its dedicated platform for the development and realisation of renewable energy projects in Germany.
Baldur is a recently established company and will primarily focus on the origination, development and implementation of solar PV, onshore wind, and battery storage projects. CIP’s Flagship Funds will initially provide capital for project development and for the growth of Baldur Power and then, subject to investment decisions at the time, CIP intends to provide the capital required for the construction of the projects developed by the company, thus establishing Baldur as an independent power producer that owns both operational projects and a growing pipeline of projects under construction and in development.
