Copenhagen Infrastructure Partners (CIP) has raised €3bn for its renewable energy generation investment fund.

The manager said the CI Energy Transition Fund I (CI ETF I) was backed by investors across the Nordics, Europe, Asia-Pacific and North America with approximately a 50/50 split between existing investors in CIP funds and new investors.

As previously reported, New Zealand’s NZ Super Fund made a €129.5m commitment to the fund. In July last year, CIP announced an €800m first close for CI ETF I.

Read more: IPE