Infranode is investing up to DKK1bn (€134.1m) to enable a Danish port to expand its offshore wind turbine infrastructure facilities.

The Nordic infrastructure fund said it has agreed to invest in Danish Port Esbjerg’s facilities for storage, pre-assembly and manufacturing of components for the offshore wind industry.

The investments will be made available gradually as manufacturers of wind turbine components and offshore wind service providers expand their businesses.

Niels Vallø, Infranode senior advisor, said: “Esbjerg is uniquely positioned in a rapidly growing offshore wind market as well as in the North Sea, which plays a key role in Europe’s climate transition.

”We’re pleased to have this opportunity to play a part in building on that position and to create a setting for future green growth in the region. We want to play a part in propelling the industry to new heights,”  

The latest investment will be Infranode’s second major investment in Denmark. In December, Infranode completed an investment to build the largest solar park in the Nordics which is now under construction in Vandel.

Joel Löfroth, Infranode’s investment manager in Denmark, said: “This investment is part of our strategy of being a long-term partner to the public sector in the green transition currently unfolding in Denmark and throughout the Nordic region, and we look forward to investing in more Danish infrastructure projects.”

Flemming N Enevoldsen, Port Esbjerg’s chairman, said: “We’ve found a strong, long-term partner with substantial insights in energy, port infrastructure and sustainability.

“With this new partnership, the city of Esbjerg, Port Esbjerg and Denmark will be even better prepared to seize opportunities to create green growth and new jobs in the massive expansion of offshore wind power in the North Sea as we approach 2030.”

Dennis Jul Pedersen, Port Esbjerg CEO, said: “We have a really strong platform in Esbjerg and in all of Denmark in terms of the green energy potential.

“The physical settings are in place at the port of Esbjerg, and this agreement will set the base for the necessary financial capabilities for unlocking the huge potential so we can establish the necessary production capacity.”

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