Finance
Danish Fund Raises $1.7 Billion for Green Energy Investments
- Copenhagen Infrastructure Partners marks first close of fund
- Fund seeks to be world’s biggest for renewable infrastructure
Prototype wind turbines made by different manufacturers operate during testing at the Danish National Test Center for Large Wind Turbines in Osterild, Denmark.
Photographer: Bloomberg
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Copenhagen Infrastructure Partners raised 1.5 billion euros ($1.7 billion) for a new fund that it aims to be the biggest in the world dedicated to renewable energy infrastructure investments.
The fund’s first close is a sign that investors are still eager to spend money on green assets even as the global economy faces significant uncertainty due to the coronavirus outbreak.