ABO Energy GmbH & Co. KGaA transfers a 90% share of its Toqlukuti'k Wind & Hydrogen Project to the Danish Investor Copenhagen Infrastructure Partners (CIP). The large-scale onshore wind and hydrogen project is located in the Canadian Province of Newfoundland and Labrador.

ABO Energy keeps 10% of the shares and will stay actively engaged in the project as minority shareholder and co-developer. Toqlukut'k is expected to produce competitive green hydrogen and ammonia, driven by exceptional wind resources, existing infrastructure, and federal and provincial support making Newfoundland, Canada, an attractive investment destination well positioned to serve future European green energy demand. The name Toqlukuti'K (pronounced 'dok-loo-gu-tik') was determined together with Miawpukek First Nation and originates from the traditional Mi'kmaq language of the Miawpukek First Nation, meaning "working together".

The project is expected to generate more than 4,000 construction jobs and over 400 long term jobs during the operation phase giving a boost to the local employment and economy. Toqlukuti' K represents another project in the partnership between CIP and ABO Energy, which also includes Canada's largest onshore wind farm, Buffalo Plains, which with a capacity of 495 megawatts will provide clean energy to approximately 240,000 households in Alberta, Canada, once fully operational.