Copenhagen Infrastructure Partners raises $8.4bn for global renewable energy infrastructure fund Tuesday, April 20, 2021
Laxman Pai, Opalesque Asia:
Danish fund management company Copenhagen Infrastructure Partners closed its global greenfield renewables fund, Copenhagen Infrastructure IV, at EUR 7 billion ($8.4 billion), ahead of its EUR 5.5 billion target.
According to a press release from the investment firm specializing in greenfield and renewable energy projects, commitments came from investors across the Nordics, Europe, North America, Asia, and Australia, with a 50:50 split between existing investors in CIP funds and new investors.
The fund s investor base comprises approximately 100 institutional investors, primarily pension funds, life insurance companies, and family offices.
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