Posted by: Windfair Editors
CIP Collects Money for Renewable Energy Investments
Official Press Release CIP:
CIP reach final close on Copenhagen Infrastructure IV at the EUR 7 billion hard cap
On April 16, 2021 Copenhagen Infrastructure Partners (CIP) held final close on its global greenfield renewables energy fund, Copenhagen Infrastructure IV (CI IV), one year after start of fundraising. The fund was oversubscribed and closed at the hard cap of EUR 7 billion having reached the target fund size of EUR 5.5 billion already back in December 2020.
CI IV achieved commitments 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. “We are very pleased to welcome a prominent group of existing and new... ... More: Official Press Release CIP
- Keywords:
- Copenhagen Infrastructure Partners, CIP, investment, energy fund, green, clean, money, cap, overscribed, investor, renewable energy