A € 1.5billion first close on Copenhaguen Infratructure IV has been reached by Copenhaguen Infrastructure Partners (CIP).
The ambition is very big, € 5.5 billion in Target fund size, an expected capital commitment of up tp €7 billion and up to €14 billion to invest in greenfield renewable energy infrastructure in Western Europe, North America, Australia and developed Asia.
CIP will continue to play its key role in energy transition, The fund has a global reach and will diversify investments across technologies such as contracted offshore wind, onshore wind, solar PV, transmission, storage, waste-to-energy and biomass assets.
This first close is reached with capital commitments from several parts including The two Danish pensions funds (PensionDanmark and AP Pension), KLP (Norway) and other pension and life companies and family offices. Other institutional investors from different countries are in the process of committing to CI IV.
