CIP reaches first close on CI V at nearly EUR 6 billion – set to become the world’s largest fund of its kind

COPENHAGEN, Denmark, July 10, 2023 (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.Founded in 2012, CIP is today the world’s largest dedicated fund manager within greenfield renewable energy investments and one of the global leaders in offshore wind. Funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.Phone: +45 7070 5151
Email: [email protected]: +45 7070 5151
Email: [email protected]: +45 7070 5151
Email: [email protected]
(GlobeNewsWire)