COPENHAGEN, Denmark, Dec. 22, 2023 (GLOBE NEWSWIRE) — Helax Istmo (“Helax”), a wholly owned subsidiary of funds managed by CIP, today signed a Memorandum of Understanding (“MoU”) with the Interoceanic Corridor of the Isthmus of Tehuantepec (“CIIT”) and Mexico’s national Ministry of Navy, the Secretaría de Marina (“Semar”). Under the MoU, the parties agree to collaborate to support the development of a large-scale, integrated renewable energy project in Oaxaca, Mexico. Helax Istmo is projected to produce green hydrogen and green maritime fuels, contributing materially to Mexico’s sustainable development goals, as well as to the decarbonization of the shipping industry globally.
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.
(GlobeNewsWire)