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Bearkat

PensionDanmark has invested indirectly ind the wind farm Bearkat I through the fund Copenhagen Infrastructure II.

Bearkat I is located in Glasscock County, Texas, and commenced commercial operations on December 2017 only 9 months after Financial Close and within the time plan and budgeted project construction costs. Bearkat I consists of 57 V126-3.45 MW Vestas turbines with a total capacity of 196.7 MW. Black & McDonald has been the BoP contractor on the project.

CIP has, through the fund Copenhagen Infrastructure II, made a net equity investment of USD 84m. The remaining part of the total project costs, USD 186m, has been provided by tax equity investors.

PensionDanmark is the biggest investor in Copenhagen Infrastructure II.