Greece: Offshore wind partnership in plan for Mytilineos and Danish CIP, SEE Energy News
In order to develop new offshore wind projects in Greece, Greek Mytilineos Group has joined forces with Danish-based Copenhagen Infrastructure Partners (CIP). Mytilineos Group, through its subsidiary Protergia, will own a 60 % stake in the planned projects, while CIP’s investment fund CI New Markets Fund I will hold the remaining 40 %. The two companies have agreed to jointly identify suitable locations and combine their resources and expertise in the co-development and investment in the projects. Copenhagen Offshore Partners (COP), which has been used by CIP in a range of its offshore wind projects, will be the developer of all Greek projects to be undertaken under this partnership.