Copenhagen Infrastructure Partners’ (CIP) fifth flagship fund, Copenhagen Infrastructure V (CI V), has surpassed its target size of €12 billion ($13 billion) at final close, solidifying investor interest in large-scale greenfield energy infrastructure investments. The fundraise excludes capital raised for co-investments.
Jakob Baruël Poulsen, managing partner at CIP confirmed existing investors as well as new investors committed to the platform. Several of the world’s largest, most sophisticated investors committed to CI V.
The fund aims to invest in the energy transition across a range of technologies, from wind and solar PV to battery storage, across low-risk Organization for Economic Cooperation and Development (OECD) countries in Europe, North America and Asia Pacific.
CI V already has made six final investment decisions, committing 60 percent of the fund. With ownership of more than 50 development-stage projects with a potential investment volume of
