COPENHAGEN, Denmark, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has signed a transaction to acquire the full ownership of offshore wind project Morecambe from COBRA Group, and Flotation Energy, owned by TEPCO Renewable Power, Inc.
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Closing of the transaction will follow customary approvals and conditions being met. The financial terms of the transaction are not disclosed. Flotation Energy will remain involved after the transaction as a development partner to the project.
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Grid courtesy 'Facts'
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