Leading European investment firm specializing in infrastructure investments, particularly wind power, Copenhagen Infrastructure Partners, through Copenhagen Infrastructure IV & Cbus Super announced the acquisition by Cbus of a 10% interest in CIP’s Australian offshore wind project Star of the South. This follows Cbus’ investment into CIP’s flagship fund CI IV which is the majority owner of Star of the South.Star of the South is Australia’s most progressed offshore wind project, to be located off the south coast of Gippsland in Victoria, with a capacity of up to 2.2 GW. The new partnership demonstrates confidence in Victoria’s offshore wind sector, with Star of the South forging the way for a new local industry to deliver a clean energy boost, create thousands of jobs and reduce carbon emissions.CIP specialises in energy infrastructure investments, being one of the largest developers of offshore wind projects globally. Cbus is Australia’s leading building and construction industry super fund.Cbus Super is one of Australia’s first superannuation funds, and is the largest industry fund for the building, construction and allied industries. Cbus provides superannuation and income stream accounts to more than 850,000 members, with over AUD 73.5 billion in funds under management as at 30 April 2022 Star of the South is Cbus Super’s first direct investment in offshore wind in Australia and part of a growing portfolio of renewable investments.
Leading European investment firm specializing in infrastructure investments, particularly wind power, Copenhagen Infrastructure Partners, through Copenhagen Infrastructure IV & Cbus Super announced the acquisition by Cbus of a 10% interest in CIP’s Australian offshore wind project Star of the South. This follows Cbus’ investment into CIP’s flagship fund CI IV which is the majority owner of Star of the South.Star of the South is Australia’s most progressed offshore wind project, to be located off the south coast of Gippsland in Victoria, with a capacity of up to 2.2 GW. The new partnership demonstrates confidence in Victoria’s offshore wind sector, with Star of the South forging the way for a new local industry to deliver a clean energy boost, create thousands of jobs and reduce carbon emissions.CIP specialises in energy infrastructure investments, being one of the largest developers of offshore wind projects globally. Cbus is Australia’s leading building and construction industry super fund.Cbus Super is one of Australia’s first superannuation funds, and is the largest industry fund for the building, construction and allied industries. Cbus provides superannuation and income stream accounts to more than 850,000 members, with over AUD 73.5 billion in funds under management as at 30 April 2022 Star of the South is Cbus Super’s first direct investment in offshore wind in Australia and part of a growing portfolio of renewable investments.
