Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund 2, and Ignitis Renewables have won a tender to develop an offshore wind farm in the Liivi 1 seabed area in Estonia.
The pair won the offshore wind auction after placing the highest bid of €1.16m.
Having previously won the Liivi 2 site in Estonia’s first offshore wind tender held in December 2023, CIP and Ignitis Renewables see the adjacent site of Liivi 1 as a natural extension of the seabed area.
This will allow for greater synergy and optimisation in developing the sites as a single offshore wind project.
The maritime area of both sites is in the Gulf of Riga, northwest of Ruhnu Island and near Estonia’s Baltic Sea coast, covering approximately 193 square kilometres.
The project, to be developed on the two sites combined, is expected to become operational post 2030, subject to obtaining the relevant permits, contracting suppliers and securing financing.
CIP and Ignitis Renewables have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia.