A Danish investment firm now has a 90 percent share of ABO Energy’s proposed hydrogen and wind project for the Isthmus of the Avalon Peninsula.

ABO Energy has transferred almost all of its shares in the large-scale onshore wind and hydrogen project to Copenhagen Infrastructure Partners.

The project has already received a wind application recommendation letter from the province’s Department of Energy.

ABO signed an MOU with the Miawpukek First Nation as part of its Crown land bid submission to gain access to vast areas of land taking up almost all of the Isthmus, and an area that stretches from the Burin Peninsula Highway to Port Blandford.

ABO Energy is a German energy company that develops renewable energy throughout Europe, with additional offices in South America, Canada and Africa.

ABO says it will keep 10 percent of the project’s shares and “will stay actively engaged in the project as a minority shareholder and co-developer.”

Copenhagen Infrastructure Partners is a fund management partnership focused on global renewable energy investment.