CIP’s Flagship Fund On Track To Become World’s Largest Dedicated To Greenfield Renewable Energy Investments
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
Copenhagen Infrastructure Partners (CIP) has reached the first close on its fifth flagship fund, Copenhagen Infrastructure V (CI V), at EUR 5.6 billion in capital commitments received. This puts the fund on track to reach its target size of EUR 12 billion, which would make this the world’s largest dedicated greenfield renewable energy fund, according to CIP
These three paragraphs give more details on the size and investments of the latest fund, which is named CI V.
The first close of the flagship fund saw a large group of leading institutional investors across continental Europe, the Nordics, the UK, North America, and the Asia-Pacific region.
CIP noted that there is a strong interest from additional investors already in process, so CI V is on the way to reaching its target fund size of EUR 12 billion.
The fund now has ownership of more than 40 renewable energy infrastructure projects with a total potential CI V commitment of approximately EUR 20 billion, corresponding to more than 150 per cent of the target fund size.
The CIP web site gives more details on the company, including this summary on the front page.
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.
CIP manages 11 funds and has to date raised approximately EUR 25 billion for investments in energy and associated infrastructure from more than 150 international institutional investors.
In the UK, CIP are currently involved in the Ossian and Pentland floating wind farms.
The Anonymous Widower 