HØST is a project company under the management of Copenhagen Infrastructure Partners (CIP). CIP specialises in energy infrastructure investments and is among the largest fund managers globally within renewables. CIP has decided to take on a leading role in the global transition to green chemicals and fuels, and via the establishment of its Energy Transition Fund, CIP is ready to invest in the projects making vision reality. The HØST PtX Esbjerg project marks the first investment in the Energy Transition Fund on Danish ground, and the project team is operational on site working from CIP's office in Esbjerg, Denmark.
HØST PtX Esbjerg is a leading, Danish Power-to-X (PtX) project, deploying large-scale industrial use of electrolysis-technology on GW-level to produce ammonia. The ammonia plant will be powered by green electricity from renewables, harvesting the kinetic energy from wind and solar. Based on this CO2-free production process, HØST PtX Esbjerg will be able to offer green ammonia to the market for use in fertilizers and in fuels.
Thereby, HØST PtX Esbjerg is opening the door to decarbonization of hard-to-abate sectors such as shipping, agriculture and industrial applications. Excess heat from the plant will be used for district heating of app. 15,000 households, reducing the carbon footprint of the local utility company, DIN Forsyning. Moreover, the 1GW plant is the ideal, green offtake companion to the continued build-out of low-cost, renewable electricity generation capacity in the North Sea.
Because HØST PtX Esbjerg has such promising potential to decarbonize agriculture and shipping, five Danish industry majors have committed themselves to offtake green ammonia from the plant. The majors are DLG, Danish Crown and Arla which represent the dairy and agricultural industry, while DFDS and Maersk are the leading shipping and logistics companies in the group. Local utility company DIN Forsyning and local municipality Esbjerg are also project partners supporting the local initiatives around sector linkage and energy efficiency.
Next generation renewables
HØST PtX Esbjerg will be among the first gigawatt-scale PtX facilities in Europe, contributing to the much-needed acceleration of the decarbonization journey towards carbon neutrality in 2050. Moreover, it will be a key driver for the establishment of a new industry within next-generation renewables in Esbjerg and in Denmark.
About Copenhagen Infrastructure Partners
CIP is a fund management company focused on energy infrastructure including offshore wind, onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity and storage, and other energy assets like Power-to-X.
- CIP was founded in 2012 by senior executives from the energy sector and with PensionDanmark as founding investor
- CIP is managed by 4 senior partners and 35 Partners with extensive energy sector experience
- Further, a team of ~300 industry experts across 30 nationalities covering financing, acquisition, engineering, technology, construction and project management
- CIP manages ten funds and has app. EUR 18 bn under management
- CIP is headquartered in Copenhagen with 15 project offices across 9 countries
- Local HØST project office in Esbjerg, Denmark