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CIP divests stake in Spanish wind farm portfolio


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Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure III K/S (CI-III), has announced that it has entered into an agreement to divest a 49% stake in the Monegros onshore wind portfolio to a fund managed by Arjun Infrastructure Partners (Arjun).
The Monegros portfolio consists of 12 onshore wind farms with a total installed capacity of 487 MW, and is located in Aragon, Spain. Monegros is part of CI-III, a €3.5 billion energy infrastructure fund managed by CIP.
“We welcome Arjun as partner in the Monegros portfolio and are pleased to enter in this transaction that recognises the value generated so far by CIP and its partners during the development and construction phase of this high-quality portfolio. With the projects now entering commercial operation, we are confident that further value will be delivered as the wind farms commence generating material volumes of subsidy-free renewable power that contributes towards the de ....

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