Former top profiles from CIP and Vestas launch energy fund

The new fund targeting energy infrastructure development has already received a large capital commitment from Novo Holding.
Photo: vestas
Photo: vestas
BY VIKTOR BRANDT KÆRGAARD, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Henrik Tordrup, who stepped down as partner from Danish fund manager Copenhagen Infrastructure Partners last year, has joined forces with Lars Holme Villadsen, former chief financial officer of Vestas’ US business, to establish a new fund named Glentra Capital, reports media Inside Business.

According to the media, the fund aims to raise more than DKK 7bn (EUR 941m) for investments in energy projects – albeit not directly as such, but rather targeting developers managing energy installation.

The two partners are reportedly in dialog with several big investors, and the fund has already attracted a large capital commitment from Novo Holding, the money tank for both Danish pharmaceutical group Novo Nordisk as well as enzyme producer Novozymes, Inside Business writes.

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