CI Energy Transition Fund I (CI ETF I), a new fund managed by Copenhagen Infrastructure Partners (CIP), has wrapped up fundraising at its hard cap of €3 billion ($3 billion), making it the largest dedicated clean hydrogen fund globally.
CI ETF I received commitments from investors across the Nordics, Europe, Asia-Pacific and North America, with a 50/50 split between existing CIP investors and new investors. The fund’s investor base is composed of 65 institutional investors — primarily pension funds, life insurance companies, sovereign wealth funds, asset managers, and family offices.
“We are very pleased to welcome a prominent group of existing and new institutional investors to CI ETF I and are delighted that investors share our confidence in and appetite for clean energy infrastructure projects and invest alongside CIP in the next phase of the energy transition,” said Jakob Baruël Poulsen, managing partner in CIP. “Solutions such as Power-to-X will be ke