Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have secured the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia.
They achieved this by placing the highest bid of EUR 1.16 million. Additionally, the partners successfully secured the Liivi 2 site in Estonia's inaugural offshore wind tender. The maritime area of both sites is located in the Gulf of Riga, northwest of Ruhnu Island and in close proximity to Estonia's Baltic Sea coast, covering approximately 193 square kilometres. The combined project, slated for operation post-2030, is contingent upon obtaining the necessary permits, contracting suppliers, and securing financing.
