A group of leading institutional investors from across Europe, the Nordics, the UK, North America, and the Asia-Pacific region has participated in the first close of CI V, a fund managed by Copenhagen Infrastructure Partners (CIP). With a strong investor appetite, the fund is on track to achieve its target size of EUR 12 billion, making it the largest fund globally dedicated to greenfield renewable energy infrastructure investments.
CI V follows the successful investment strategies of its predecessor funds, CI I, CI II, CI III, and CI IV. It focuses on greenfield investments in large-scale renewable energy infrastructure projects, targeting technologies such as offshore wind, energy storage, onshore wind, and solar in low-risk OECD countries. With a global reach, CI V aims to diversify investments and capture the attractive market opportunities arising from the growing demand for new renewable infrastructure.
CI V already boasts the largest project pipeline among all CIP funds, with ownership of over 40 renewable energy projects and a potential commitment exceeding EUR 20 billion. The fund aims to add approximately 20 GW of clean energy capacity to the grid, which can power over 10 million households with renewable energy and result in an annual CO2 avoidance of 15 million metric tons. The extensive portfolio provides flexibility and robustness in project selection, construction, and investment execution.
Jakob Baruël Poulsen, Managing Partner at CIP, expressed delight in the strong investor trust and confidence in CI V, highlighting its potential to contribute to the global energy transition. He emphasized the industrial value-creation approach of CIP and the fund’s ability to generate strong returns while accelerating the adoption of renewable energy.
With a growing investor base and a significant project pipeline, CI V is positioned to play a pivotal role in advancing renewable energy infrastructure worldwide. Its focus on greenfield investments and commitment to de-risking and optimizing projects early on aligns with the increasing demand for sustainable energy solutions and ambitious climate targets.