CIP ready with new fund worth EUR 3.5 billion

Danish investment fund Copenhagen Infrastructure Partners (CIP) has secured solid returns on green investments. CIP, founded by "cash cow" figures from then-Dong Energy, has now closed Denmark's hitherto largest capital fund.

Photo: Deepwater Wind

Copenhagen Infrastructure Partners (CIP) has successfully raised DKK 26 billion (EUR 3.5 billion) for the equity fund's third fund, meaning the entity is now manager of Denmark's largest single fund, and the firm has now rounded a total DKK 50 billion in assets, reports Danish media Børsen.

"We are very pleased with the interest in CIP. The product we have created fits with many institutional investors that need long, stable returns and relatively low risk," says Christian T. Skakkebæk, partner in CIP, to the newspaper.

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