Danish investor CIP signs offshore wind agreement in Vietnam

Signing ceremony for the CIP–PVN offshore wind agreement in Hanoi. Photo: Embassy of Denmark in Vietnam

Copenhagen Infrastructure Partners (CIP) has entered into a Joint Development Agreement with Vietnam National Oil and Gas Group (PVN) to develop one of the country’s first offshore wind projects.

The agreement was signed in Hanoi. Denmark’s Chargé d’Affaires Mette Ekeroth was present at the ceremony.

Vietnam has set ambitious renewable energy targets under its Power Development Plan VIII (PDP8), aiming for offshore wind to play a central role in reaching net zero emissions. According to the Danish Embassy in Vietnam, the partnership between CIP and PVN brings together international expertise and local capacity. It marks a step from strategy to concrete project development.

CIP is the world’s largest dedicated fund manager within renewable energy infrastructure and has extensive global experience in offshore wind. The cooperation with PVN is expected to contribute to Vietnam’s energy security, green job creation, and long-term sustainable growth.

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