Norges Bank Investment Management commits €900M to Copenhagen Infrastructure Partners' CI V fund for renewable energy projects
EUR900M
Deal Value
Norges Bank Investment Management committed €900 million to Copenhagen Infrastructure Partners' fifth flagship fund, 'CI V', on August 23rd. This indirect investment will enable Norges Bank Investment Management to gain exposure to renewable energy projects in development stages, focusing on offshore and onshore wind, solar farms, grid and distribution, and storage across North America, Western Europe, and developed Asia Pacific regions. This strategic move expands Norges Bank's portfolio in unlisted renewable energy infrastructure and leverages CIP's expertise in the sector.
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Counterparts (3)
Investor
Copenhagen Infrastructure Partners
Copenhagen Infrastructure Partners is a global leader in energy infrastructure investments, specializing in developing and constructing large, complex projects that shape the future of energy. They manage multiple funds focused on greenfield energy investments across various technologies and geographies.
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Norges Bank Investment Management
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Announced
Aug 23, 2024
Signed
Closed
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