CIP Appoints POWERCON® to Manage its 300 MW Wind Energy Project in Karnataka

Copenhagen Infrastructure Partners (CIP) has appointed POWERCON® to exclusively manage its 300 MW wind energy project in Karnataka.

This marks the first instance in India where full-scope asset management has been entrusted to an independent firm, signalling a transformative shift in the governance of renewable energy assets in the country.

Peter Jannik Sjontoft, partner at Copenhagen Infrastructure Partners, said, “India is one of the world’s most important and dynamic renewable energy markets, and we collaborate with entities who share our vision of long-term value creation, strong investor returns, and meaningful contributions to the global energy transition. POWERCON’s domain expertise, OEM-neutral approach, and skilled team make them the ideal partner for CIP to maximise the performance and value of our investments in India.”

“Being entrusted by CIP affirms our capabilities and reinforces our shared commitment to accelerating the world’s transition towards a more sustainable and energy-secure future,” says Praveen Kakulte, founder and CEO of The POWERCON Group.