EnergyWatch

CIP reaches EUR 3bn goal for Power-to-X fund

The Danish developer has reached final close of its Power-to-X fund, among other things targeting investment in development of biofuels and CCS.

Photo: PIROSCHKA VAN DE WOUW/REUTERS / X06750

New and existing investors have contributed equally to the EUR 3bn final close of Copenhagen Infrastructure Partner’s Power-to-X fund, the CI Energy Transition Fund I (CI ETF I).

The fund, which was oversubscribed, will invest in Power-to-X (PtX) projects, biofuels and carbon dioxide capture and storage.

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