On Jan. 24, 2023, Copenhagen Infrastructure Partners (CIP) announced the sale of its 100% ownership in the Travers Solar project to a fund managed by Axium Infrastructure. Located 130 km south of Calgary, Alberta, the Travers Solar project boasts a capacity of 465 MWac / 691 MWdc, making it Canada's largest non-hydro renewable energy asset. Initiated as CIP's premiere investment in Canada, construction for the project began in March 2021, and it started commercial operations in November 2022. Presently, Travers supplies clean energy to over 100,000 Alberta households. Tim Evans, North America's Head at CIP, highlighted that this sale affirms the value added by CIP during the asset's developmental, financial, and construction stages, emphasizing CIP's commitment to sustainability. The deal concluded earlier in the week, following regulatory and standard approval processes. For this transaction, CIP enlisted CIBC Capital Markets as their exclusive financial advisor and joint bookrunner, with Norton Rose Fulbright serving as their legal advisor. The exact transaction value was not specified in the provided article.