Danish fund buys big DolWin3 stake

A North Sea supergrid is seen as the spearhead of a pan-European network that would underpin greater co-operation to integrate renewables

TenneT expects to complete the link by late 2017

Danish infrastructure fund management company Copenhagen Infrastructure Partners (CIP) has reached an agreement with transmission system operator TenneT to buy a large stake in the 900MW German North Sea offshore grid connection DolWin3 for €384m ($526m) via the investment company CI Artemis K/S.


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