Copenhagen Infrastructure Partners (CIP) has issued the final notice to proceed (FNTP) for the Patache BESS project, marking its official construction. The project is located in Iquique, Chile. The project has a 300 MW/1,500 MWh capacity. The project is being managed through CIP’s Growth Markets Fund II. The project builds on  CIP’s 1,100 MWh Arena BESS project in the Antofagasta region. Additionally, the project has qualified for an internationally recognised carbon offset program. 

In February 2026, Copenhagen Infrastructure Partners, through its fifth flagship fund Copenhagen Infrastructure V (CI V), reached an agreement to acquire Ørsted’s European onshore renewable energy business. The transaction covers more than 800 MW of renewable capacity, consisting of 578 MW operational and 248 MW under construction, along with a multi-GW development pipeline.

In December 2025, ALTÉRRA committed capital from its Transformation Fund to Copenhagen Infrastructure Partners’ (CIP) Growth Markets Fund II. The fund will focus on investing in large-scale greenfield renewable energy projects across Asia, Latin America, and the Europe, Middle East, and Africa region. CIP plans to invest through the fund in offshore wind, onshore wind, solar projects, battery storage, and Power-to-X solutions.