Copenhagen Infrastructure Partners Raises €2 Billion for Clean Energy Infrastructure Funds

Copenhagen Infrastructure Partners (CIP), an energy infrastructure investment manager, has successfully closed two new clean energy infrastructure funds, raising approximately €2 billion ($2.1 billion). These funds are:

1. CI Advanced Bioenergy Fund I (CI ABF I), with €750 million in capital. It focuses on investments in advanced bioenergy infrastructure in Europe, supporting the decarbonization of challenging sectors through advanced biofuels and biogas production, primarily from sustainable feedstock like waste wood and biowaste. The offtake products include green gas, renewable natural gas, bio-LNG, and second-generation bioethanol.
2. CI Green Credit Fund I (CI GCF I), with €1 billion in capital and an additional €200 million in co-investments. This fund provides private project finance debt for renewable energy projects in Europe, North America, and select jurisdictions in the Asia Pacific region. It focuses on green- and brownfield projects in renewable energy infrastructure.

CI GCF I has already closed three investments, committing a total of €236 million and continues to see strong demand for this type of debt capital.

These fund closures follow the first close of CIP’s flagship fund, CI V, at €5.6 billion in July 2023, positioning it to become one of the world’s largest funds of its kind, with a target fund size of €12 billion.

CIP’s investor base for these funds includes institutional investors such as pension funds, life insurance companies, sovereign wealth funds, family offices, asset managers, and corporate investors from the Nordics, Europe, and Asia Pacific.

These investments reflect CIP’s commitment to advancing renewable energy and sustainable solutions, with a particular focus on bioenergy and clean energy infrastructure in various regions.