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Case

Offshore wind

Wind energy

Wind farm planning and development

+1

Offshore wind outside Barranquilla – potential first offshore wind project in Colombia and Latin America

2. December 2022
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Solution provider

Copenhagen Infrastructure Partners (CIP)

Founded in 2012, 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 and storage, Power-to-X and advanced bioenergy.

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Challenge

Very ambitious national climate ambitions, existing vulnerable hydro-dominated electricity generation combined with very complex land rights has been the driver for Colombia to explore the country’s potential for offshore wind. Luckily, for Colombia, the potential is world class.

Solution

Work towards the first offshore wind project in Colombia and possibly Latin America. The identified project can potentially supply around half the electricity of the Caribbean region Atlántico, including Colombia’s fourth biggest city, Barranquilla, with 2.4 million habitants. In addition to supplying clean, green energy to the region, the project potentially substitutes a large number of existing old gas plants, presently generating heavy pollution.

Jaime Pumarejo, Mayor of Barranquilla – Erik Høeg, Danish Ambassador signing the MoU regarding the first offshore wind project in Colombia outside Barranquilla.

Result

With the Embassy in Colombia in an important facilitating role, Copenhagen Infrastructure Partners (CIP) and the Mayor of Barranquilla signed in January 2022 an MoU regarding the first offshore wind project in Colombia outside Barranquilla. Project size around 400 MW.