CIP enters into partnership with Offshore Energy for Australian offshore wind project

Offshore Energy Pty Ltd. (Offshore Energy) and Copenhagen Infrastructure Partners (CIP), on behalf of the fund Copenhagen Infrastructure III K/S (CI III), announced that they have entered into a partnership regarding the continued development of Australia’s first offshore wind farm, the Star of the South. The project has so far been developed solely by Offshore Energy.

The Star of the South is located off the south coast of Gippsland, Victoria. The site is located 10-25 km off the coast in the Bass Strait and has a total expected capacity of up to 2,000 MW. Further development of the site will be undertaken jointly by the partnership.

Andy Evans, Managing Director of Offshore Energy, said:

“Offshore Energy is delighted to partner with Copenhagen Infrastructure Partners, one of the leading offshore wind developers in the world, to develop Australia’s first offshore wind farm. The partnership brings together local knowledge and proven international experience that we believe will deliver many benefits for Australia, Victoria and local communities.”

Torsten Lodberg Smed, Senior Partner in Copenhagen Infrastructure Partner, commented:

”Star of the South offers a unique opportunity within offshore wind in a new market. We are very satisfied with this partnership, and look forward to contributing our competence and experience in cooperation with Offshore Energy, all levels of Government and key stakeholders in the development of the first offshore wind project in Australia.”