Copenhagen Infrastructure Partners is launching its first debt fund – CI Green Credit Fund I – with €320m in seed capital. Marketing of the fund to institutional investors has been kicked-off and the fund will be targeting a fund size of €1bn.
CIP is one of the global market leaders in greenfield renewable infrastructure investments which was recently evidenced by its successful fundraise of €7bn for its flagship strategy “Copenhagen Infrastructure IV”. CIP is therefore uniquely positioned to leverage existing know-how in providing debt solutions that require deep industrial expertise, and a strong understanding of project risk in the renewable energy markets. CI GCF I will apply the same proven de- risking approach as CIP’s existing funds and combine this with the newly hired team of project finance and credit specialists.
Following the seed close of CI GCF I, CIP has nine funds under management with total commitments of around €16bn. The CI GCF I fund will be marketed to existing and new investors from across the Nordics, Europe, North America, Asia, and Australia and is expected to reach final close within 12 months.
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