CIP starts building 960 MWh Aussie battery energy storage project

This supports South Australia’s target of 100% net renewable energy by 2027.

Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has commenced construction of its 240 megawatt / 960 megawatt-hour Summerfield battery project in Australia.

In a statement, the company said the issuance of the notice to start construction follows the financial investment decision taken in September 2024.

The Summerfield project is located in South Australia in an area near existing transmission infrastructure. It will support the state’s target of 100% net renewable energy by 2027, shifting excess wind and solar energy generated during the day to supply renewable power during peak demand periods.

Summerfield has entered into a 10-year offtake agreement with Australian electricity generator and retailer Origin Energy.

This project is part of CIP’s CI V flagship fund which has a target fund size of $12.36b (EUR 12b) and invests in various projects across Europe, North America, and Asia Pacific.