Copenhagen Infrastructure Partners launches 800MW green hydrogen project in Northern Germany

Project Overview - Project Anker is a green hydrogen production facility located in Sande, Lower Saxony, Germany, initiated by Copenhagen Infrastructure Partners (CIP) and Friesen Elektra Green Energy AG [4] - The project will have an initial electrolysis capacity of 400 MW, with plans to expand to 800 MW in the future [4] - It is strategically located near Wilhelmshaven, an important energy and industrial hub, and close to the future German hydrogen core network [8] Environmental Impact - Project Anker will be powered by renewable energy from the grid, supported by offshore and onshore wind, as well as solar energy [5] - The project can reduce CO₂ emissions by up to 2.4 million tons annually, equivalent to the emissions of approximately 340,000 households [5] Economic and Industrial Benefits - The project is projected to produce 80,000 tons of green hydrogen annually, benefiting key German industries such as steel, chemicals, and the transport sector [8] - It will bolster the regional economy in Lower Saxony by creating new jobs, fostering growth, and encouraging active community engagement [8] Company and Fund Details - CIP manages 12 funds and has raised approximately EUR 31 billion for investments in energy and associated infrastructure from over 180 international institutional investors [3] - CIP's Energy Transition Fund I (CI ETF I) is the largest dedicated greenfield green hydrogen fund worldwide, with a portfolio of Power-to-X projects totaling around 6.5 GW of electrolyser capacity globally [2] - CIP is the world's largest dedicated fund manager within greenfield renewable energy investments, focusing on offshore and onshore wind, solar PV, biomass, energy-from-waste, transmission, distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X [6] Strategic Collaboration - CIP and Friesen Elektra are collaborating to accelerate the energy transition and advance decarbonization by leveraging their combined strengths and expertise [1][4] - The collaboration aims to create one of Germany's premier hydrogen production sites, contributing significantly to the country's carbon-neutral future [1][4]