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Copenhagen Infrastructure Partners divests 50% stake in Scottish battery project

Published 28/04/2025, 10:24
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Investing.com -- Copenhagen Infrastructure Partners (CIP), a clean energy fund manager, announced on Monday that it has agreed to sell a 50% stake in a battery energy storage system in southern Scotland.

The stake has been acquired by the alternative investment arm of French insurer AXA.

The system, known as the Coalburn 1 project, is a 500 megawatt (MW) lithium-ion battery energy storage system.

Despite the stake sale, CIP will continue to manage the project throughout its construction and beyond its expected commissioning in early 2026, according to the company’s statement.

The project, which is currently under construction, is expected to be fully operational in early 2026.

CIP will retain management oversight of the project, ensuring its successful completion and operation.

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