Vestas invests in bioenergy fund
Copenhagen Infrastructure Partners raises EUR 375m for a new fund focused on advanced bioenergy infrastructure in Europe and North America. Aside from two Swedish funds, the money raised hails from common acquaintances, including CIP and the co-owning turbine manufacturer.
BY MAZ PLECHINGER, TRANSLATED BY CHRISTOFFER ØSTERGAARD
Among many other things, heavily surging prices in recent months are squeezing turbine manufacturers’ capital holdings. This much became evident when Siemens Gamesa announced debt growth of around EUR 825 since January, followed by GE’s announcement Tuesday that its renewables division was hemorrhaging money, posting a deficit of USD 434m.
Already a subscriber?Log in here
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.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
CIP-Vestas partnership pursues green fertilizer in Spain
For subscribers
CIP launches new billion-euro fund
For subscribers
Vestas buys stake in CIP
For subscribers
.jpg&w=384&q=75)
