New EUR 2 Bln Fund Set Up for Renewable Energy

With 19 financial investors, Copenhagen Infrastructure Partners (CIP) has established a new investment fund, Copenhagen Infrastructure II K/S, which amounts to approximately DKK 14.7 bn (EUR ~2bn). The fund’s focus will be on investments in energy infrastructure, primarily renewable energy, in Northern and Western Europe as well as North America.

Christian T. Skakkebæk, Senior Partner in Copenhagen Infrastructure Partners, said: “We are proud to have this many leading investors in the fund, including a broad group of leading Danish institutional investors and several prominent foreign investors.

“The fund’s focus will be on investments in energy infrastructure with stable returns, such as biomass fired power plants, electricity transmission grids as well as onshore and offshore wind.”

The fund is a 20-year “buy-and-hold” fund, which means that the fund as a base case expects to hold the investments throughout the entire lifetime of the fund.

Image: niras (Illustration)