Danish pension heavyweights eye energy island

A consortium including two of Denmark’s largest pension funds has chosen an international group of contractors ready to bid for Denmark’s energy island PPP.

The Danish government is preparing to tender the energy island project in 2023 and earlier this year the Danish Energy Agency appointed Sweco as its technical advisor on the project.

Despite the expected tender still being over a year away, a number of major organisations have started forming consortiums in preparation for the scheme and the agency held discussions with interested parties during October.

The latest to put in place a contractor team is Copenhagen Infrastructure Partners (CIP), project developer on behalf of an investor consortium composed of PensionDanmark and PFA, as well as Denmark’s largest utility company, Andel.

Known as the VindØ consortium, the group also includes a four-strong contractor team comprising Spanish giant Acciona, Dutch firm Boskalis, Belgium’s DEME Group and MT Højgaard International of Denmark.

The consortium is the latest to throw its hat into the ring for the major project. In September, offshore wind developer Ørsted and Denmark’s largest institutional investor ATP joined forces with a contractor team including Aarsleff, Bouygues and Van Oord in preparation for the scheme.