Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has announced a landmark 15-year power purchase agreement (PPA) with Google. Under the agreement, Google will procure 250 MW of renewable wind power from the innovative Zeevonk project to support its operations in the Netherlands.

The Zeevonk project, a joint venture between CIP and Vattenfall, integrates offshore wind, solar energy, and green hydrogen at an unprecedented scale. Located 62 kilometers off the Dutch coast, the project comprises a 2 GW offshore wind farm and a 50 MW floating offshore solar farm. A key feature of the project is its large-scale electrolyzer plant in the port of Rotterdam, which will convert a significant portion of the generated energy into green hydrogen. Zeevonk is expected to become operational by 2029.

Adam Elman, Director of Sustainability EMEA at Google, highlighted the importance of the agreement: “The Zeevonk project represents a major milestone in our journey toward operating on 24/7 Carbon-Free Energy (CFE) by 2030. This partnership with CIP not only brings carbon-free energy to the Dutch grid but also demonstrates how collaboration can enable clean energy solutions like renewable hydrogen. Together with our existing PPAs in the Netherlands, this agreement helps us power our operations sustainably, from AI tools to digital services worldwide.”

Felix Pahl, Partner at CIP, echoed the sentiment: “We are thrilled to partner with Google on this transformative initiative. Zeevonk exemplifies the potential of combining offshore wind, floating solar, and green hydrogen to meet the growing demand for renewable energy. This project underscores CIP’s commitment to supporting decarbonization goals, creating local jobs, and delivering attractive returns for investors.”

The deal underscores CIP’s global leadership in renewable energy investments. With approximately 6.5 GW of electrolyzer capacity under development worldwide, CIP’s Energy Transition Fund I stands as the largest dedicated green hydrogen fund globally. The agreement also reflects Google’s broader ambition to operate entirely on carbon-free energy across all locations by 2030.