COPENHAGEN, Denmark, July 10 (Bernama-GLOBE NEWSWIRE) — A large group of leading institutional investors across continental Europe, the Nordics, the UK, North America, and the Asia-Pacific region participated in the first close of CI V. Backed by the strong appetite of additional investors already in process, the fund is on track to reach its target fund size of EUR 12 billion and is set to become the largest fund globally dedicated to greenfield renewable energy infrastructure investments.
“We’re delighted by the continued trust in CIP from our existing investors, and are pleased to welcome the many new investors to our renewable energy platform. Reaching nearly EUR 6 billion at first close is a testament to the importance of the fund, and the confidence placed in our industrial approach to energy infrastructure investments. With its greenfield focus and large and diversified portfolio, CI V has the potential to significantly contribute to, and accelerate the energy transition on a global scale, while generating strong returns for our investors,” says Jakob Baruël Poulsen, Managing Partner at CIP.