Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google for 250 MW of wind power generated at the Zeevonk project in the Netherlands.
This agreement will power Google's Dutch operations and is a key step toward the company's goal of 24/7 Carbon-Free Energy (CFE) by 2030.
Zeevonk is a pioneering joint venture between Vattenfall and CIP that combines offshore wind, floating solar, and green hydrogen. The project will feature a 2 GW offshore wind farm and a 50 MW floating solar farm, located 62 km off the Dutch coast, with operations expected to begin in 2029. A significant portion of the power generated will be converted into green hydrogen via a large-scale electrolyzer plant in Rotterdam.
Google's Adam Elman, Director of Sustainability EMEA, emphasized that this partnership supports their global CFE ambition and the role of hydrogen in the Dutch energy transition. He highlighted the project's system integration, combining multiple renewable energy sources to meet Google's energy needs and contribute to the broader decarbonization effort.
Felix Pahl, partner at CIP, also praised the partnership, noting it showcases the growing demand for renewable power, particularly for data centers, and the potential of offshore wind and power-to-x solutions. The project is expected to create local jobs, provide clean energy, and offer attractive returns to investors.
CIP’s Energy Transition Fund I is the world’s largest dedicated greenfield green hydrogen fund, with around 6.5 GW of electrolyser capacity in development globally. CIP was exclusively advised by Our New Energy on this PPA with Google.