Copenhagen Infrastructure Partners seeks EUR 101 million in EU support

The Danish capital fund has applied for a large sum of EU funds, and some of the money will be directed in northwest Europe.

Copenhagen Infrastructure Partners (CIP) has applied for EUR 101 million to invest in renewable energy, reports Renews.

The application has been sent to the European Investment Bank and will include investments in northwest Europe, North America and a number of smaller, non OECD countries. The funds will target mezzanine-type investments, which is comparable to subordinated loan capital and is added to companies in connection with acquisitions and major asset investments.

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