Finance

Colombia gets offshore wind bid from Denmark's CIP

Published by Global Banking & Finance Review

Posted on October 16, 2025

2 min read

· Last updated: January 21, 2026

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BOGOTA (Reuters) -Colombia received a bid from a subsidiary of Denmark's Copenhagen Infrastructure Partners (CIP), to develop a project in the South American country's first offshore wind energy round

Denmark's CIP Submits Bid for Colombia's Offshore Wind Project

Colombia's Offshore Wind Energy Initiative

BOGOTA (Reuters) -Colombia received a bid from a subsidiary of Denmark's Copenhagen Infrastructure Partners (CIP), to develop a project in the South American country's first offshore wind energy round, the head of its hydrocarbons agency said on Thursday.

CIP's Role in Renewable Energy

Orlando Velandia, who heads Colombia's National Hydrocarbons Agency (ANH), said CIP subsidiary CI GMF Cooperatief U.A. had submitted an offer. ANH not immediately provide details of the offer.

Government's Commitment to Green Energy

"The participation of CIP, one of the world's leading investment funds in energy infrastructure and the green transition, represents an international vote of confidence," Velandia told a forum in Cartagena.

Bidding Process and Participants

The government aims to award contracts for at least 1 gigawatt of installed capacity in the bidding round.

The country's Ministry of Mines and Energy in December gave preliminary approval to eight companies to participate.

These also included Colombian companies Ecopetrol and Celsia as well as Belgium's Jan De Nul and DEME, Britain's Dyna Energy, Powerchina and China Three Gorges.

By February, participants had proposed 69 areas for potential project developments.

Leftist President Gustavo Petro is looking to promote the development of renewable energies to wean the country off its dependence on polluting fossil fuels.

(Reporting by Nelson Bocanegra; Editing by Sarah Morland)

Key Takeaways

  • Denmark's CIP submitted a bid for Colombia's offshore wind project.
  • The project is part of Colombia's first offshore wind energy round.
  • Colombia aims for 1 gigawatt of installed capacity.
  • The government supports renewable energy to reduce fossil fuel dependence.
  • Eight companies received preliminary approval to participate.

Frequently Asked Questions

What is offshore wind energy?
Offshore wind energy refers to the generation of electricity using wind turbines located in bodies of water, typically oceans or large lakes, to harness wind power.
What is renewable energy?
Renewable energy is energy derived from natural processes that are replenished constantly, such as solar, wind, hydro, and geothermal energy.
What is a bidding process?
A bidding process is a competitive procedure where companies submit proposals to undertake a project, often involving price and technical specifications.
What is green energy?
Green energy is energy that is produced from renewable, zero-emission sources that do not harm the environment, such as solar and wind.
What is investment in renewable energy?
Investment in renewable energy involves allocating financial resources to projects or companies that produce energy from renewable sources to promote sustainability and reduce carbon emissions.

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