Copenhagen Infrastructure Partners (CIP) has reached a €2 billion ($2.1 billion) final close for its two new funds, CI Advanced Bioenergy Fund I (CI ABF I) and CI Green Credit Fund I (CI GCF I).
CI GCF I closed at €1 billion ($1.1 billion) with an additional €200 million ($212 million) in co-investments, gathering commitments from investors across the Nordics, Europe and Asia Pacific. CI ABF I closed at €750 million ($796 million). The investor base for both funds consists of institutional investors — primarily pension funds, life insurance companies, sovereign wealth funds, family offices, asset managers and corporate investors.
The two funds make up integral parts of CIP’s distinct greenfield renewable-energy infrastructure-focused fund strategies. CI ABF I is expected to contribute substantially to producing clean fuels, such as renewable natural gas from food waste, agricultural residues and other organic waste streams. CI GCF I provides private project