Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has acquired a majority stake in Toqlukuti’k Wind & Hydrogen, a large-scale onshore wind and hydrogen project in Newfoundland and Labrador, Canada, from Abo Energy. Abo Energy will remain actively engaged in the project as a minority shareholder and co-developer.
In August 2023, the project received a Wind Application Recommendation Letter from the Ministry of Industry, Energy and Technology, granting exclusive rights to pursue development on nominated Crown land. As part of its Crown land bid submission, the project signed a memorandum of understanding (MOU) with Miawpukek First Nation and received numerous letters of support from communities.
The name Toqlukuti’k (pronounced ‘dok-loo-gu-tik’) was chosen together with Miawpukek First Nation and originates from the traditional Mi’kmaq language of the Miawpukek First Nation, meaning “working together”. The project is expected to generate more than 4,000 construction jobs and over 400 long-term jobs during the operation phase.
