Amerika Plads 29, 2100 Copenhagen, Denmark
Copenhagen Infrastructure Partners (CIP) are a large-scale fund manager currently operating eight funds worth over €16bn. They have a disperse portfolio ranging from renewables and energy infrastructure in solely OECD countries to Asian and Latin American markets. The Danish fund manager’s approach to renewable investments is based on meeting ESG standards and value creation. The renewable assets invested by CIP will be able to sustainably supply 3 million households with electricity, reducing CO2 emissions by 5.6m each year once they become operational. CIP also manages funds that are aiming to provide alternative energy supply by utilizing energy from waste and Power-to-X projects.
In April 2022, the Danish fund manager announced they have raised €375m on first close of their bioenergy fund. The fund is targeted at developing biogas and biofuel projects located in Europe and North America. The bioenergy fund has a target of €1bn, the investments thus far have been from PensionDanmark and Industriens Pension, Andra AP-fonden, Fjarde AP-fonden and Vestas. The investments will be ‘dark green’ mainly focusing on waste wood, agriculture biowaste, and industrial biowaste. The potential offtake products will include bioethanol, green gas, and green fuels.
Picture Source: Unsplash, 19.03.2021