Copenhagen Infrastructure Partners signs MoU for green hydrogen project in Mexico

December 30, 2023 |

In Denmark, Helax Istmo, a wholly owned subsidiary of funds managed by Copenhagen Infrastructure Partners (CIP), signed a Memorandum of Understanding with the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) and Mexico’s national Ministry of Navy. Under the agreement, the parties agree to collaborate to support the development of a large-scale, integrated renewable energy project in Oaxaca, Mexico. Helax Istmo is projected to produce green hydrogen and green maritime fuels, contributing materially to Mexico’s sustainable development goals, as well as to the decarbonization of the shipping industry globally.

Ole Kjems Sørensen, partner at CIP and co-head of Growth Markets Funds, said: “This MoU showcases our long-term commitment to Mexico through the development of a pioneering project that offers green maritime fuels at scale — a first for the region. We would like to thank the Mexican authorities for their continued interest and support, and we look forward to continuing to engage constructively with national and local stakeholders and further develop Helax.”

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Category: Fuels

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