EnergyWatch

New investor ventures major sum in new CIP fund

Of course, returns should be reflected in the higher risk profile, says pension fund ATP, which has just booked a first-class seat in Copenhagen Infrastructure Partners' growth markets fund.

Photo: ATP

With the announcement of its new fund, Copenhagen Infrastructure Partners (CIP) is embarking on a solid growth venture. The fund, which attracted commitments from the first investment round totaling USD 700 million, is the firm's first fund specifically focused on new markets, mainly in Asia and Latin America, but also in Eastern European and African countries.

CIP is also adding a new face to its list of usual traveling companions. Beyond Scandinavian pension funds PensionDanmark, Kommunal Landspensjonskasse and Lægernes Pension, Denmark's pension giant ATP has injected capital into the new fund – USD 250 million, more than one-third of the capital raised in the first round.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted aims to be number one on carbon capture

The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.

Nordex downgrades forecast

The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.

Further reading

Related articles

Latest News

See all jobs