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Danish and Swedish institutions back CIP's huge new green energy fund

The Danish infrastructure developer is establishing a new sustainability fund targeting Power-to-X and several other next-generation clean energy technologies, and has reached its first close at EUR 800m.

Photo: Copenhagen Infrastructure Partners

Copenhagen Infrastructure Partners (CIP) is in the process of raising capital for a new major fund called CI Energy Transition Fund I, which has already reached its first close at EUR 800m but targets EUR 2.25bn, reports Danish business media Børsenpro.

According to a press statement by CIP, several of the Scandinavian countries' prominent institutional investors as well as foundations and family offices in Denmark, Sweden and Germany have made capital commitments.

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