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cip-takes-majority-stake-in-5gw-wind-and-hydrogen-project-in-canada
© ABO Energy
cip-takes-majority-stake-in-5gw-wind-and-hydrogen-project-in-canada
© ABO Energy

CIP takes majority stake in 5GW wind and hydrogen project in Canada

Copenhagen Infrastructure Partners (CIP) has acquired a 90% stake in a large-scale wind and hydrogen project in Newfoundland and Labrador from Germany’s ABO Energy.

The Toqlukuti’k Wind and Hydrogen project plans to develop up to 5GW of onshore wind capacity to produce green hydrogen and ammonia for domestic use and export.

Details on full-scale hydrogen production capacity have not been announced, however, by 2025, ABO originally planned to have 30MW of electrolyser capacity installed to supply green hydrogen to a nearby refinery.

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