Denmark – Copenhagen Infrastructure Partners (CIP) has signed a partnership agreement to develop the energy island in the Danish North Sea with four internationally renowned companies in marine and offshore construction services.
CIP acts as project developer on behalf of the Vind consortium, which includes PensionDanmark and PFA, two of Denmark’s largest pension funds, and Andel, Denmark’s largest utility company.
The signing of this agreement represents a significant step toward the realization of the world’s first energy island, a project conceptualized by CIP, and a critical project in enabling the rapid and unprecedented build-out of global offshore renewable energy to combat climate change.
The four contractors chosen are ACCIONA, Boskalis, DEME, and MT Hjgaard International, each of which has a distinct set of capabilities and experience. These contractors, collectively known as the “NJORD Group,” have an impressive track record as well as a large pool of best-in-class equipment and skilled personnel required to ensure reliable and timely project development and execution. NIRAS, an engineering consultancy, will advise the NJORD Group.
The North Sea energy island will be located about 80-100 kilometers off the Danish west coast, where the conditions for green energy production based on offshore wind are ideal. The island will be capable of connecting 10 GW of offshore wind to Denmark and other neighboring markets, hosting an innovation zone with the potential for large-scale energy storage and Power-to-X technologies, and providing accommodation as well as operation and maintenance services from onsite harbour facilities.