
CIP to Sell 50% Stake in Scotland’s Coalburn 1 Battery Storage Giant to AXA IM Alts
Copenhagen Infrastructure Partners has struck a major deal to offload half of its stake in a key Scottish battery project, just months before its massive energy storage system is due to come online. CIP confirmed on April 28 that it will sell 50% of its 500MW Coalburn 1 battery energy storage system (BESS) to AXA IM Alts. The deal will kick in once the site, located in South Lanarkshire, is up and running — which is expected in early 2026. The transaction comes as part of CIP’s broader strategy to rotate capital within its Copenhagen Infrastructure IV fund, while still…