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CIP Acquires Stake in Lubmin Hydrogen Project in Germany
Copenhagen Infrastructure Partners (CIP) has acquired a 70% stake in the first phase of a hydrogen production project in Lubmin, Germany, from H2APEX Group SCA.
- The project will start with a 100 MW capacity plant producing up to 10,000 tonnes of hydrogen annually, with plans to expand to over 1 GW.
- The project secured EUR 167 million in EU funding under the IPCEI programme, with CIP investing EUR 15 million pre-final investment decision and aiming to jointly finance several hundred million euros by commissioning.