Beatrice Offshore - PensionDenmark 

As well as being Scotland's largest offshore wind farm Beatrice is also the fourth largest in the world and is capable of providing enough wind powered electricity for up to 450,000 homes.​ Located approximately 13km from the Caithness coast, Beatrice became fully operational in June 2019 following seven years of development and three years of construction. Onshore construction began in Moray in May 2016 and offshore construction began in April 2017.​ The first wind turbine was installed and first power exported in July 2018.​ The final turbine was installed on 14 May 2019. Beatrice is operated and maintained from its base at Wick Harbour on the north east coast of Scotland.​

ASSET CLASS

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Infrastructure - Green energy

GREEN DIMENSIONS

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Energy production - Wind

CONTACT

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Jacob Therkelsen 

Coordinator of International Partnerships

jth@pension.dk

VALUE IN US DOLLARS

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USD 272 billion

EXPEXTED MATURITY

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20-25 Years

LINKS

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Read more of the Beatrice Offshore

here

GEOGRAPHIC LOCATION

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Europe (Scotland)

FORM OF FUNDING

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Investment through CIP in both Equity and Debt.

PARTNERS

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CIP I/II owns 35 pct. of the project. PensionDanmark owns approx. 20 pct. of the project. 

 

Senior executives from the energy industry in cooperation with PensionDanmark founded CIP in 2012.