Cleaner Tech
Danish Investor Closes €2 Billion Raise for Green Energy Funds
- CIP reaches final close on bioenergy and green credit funds
- Funds follow competition in green energy, private-credit boom
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Copenhagen Infrastructure Partners closed two new funds at a combined €2 billion ($2.1 billion) to plow money into producing clean fuels and financing renewables projects.
CIP closed its Advanced Bioenergy Fund I and Green Credit Fund I in what’s been a record year for the Danish fund manager, it said in Monday. In July, it reached a €5.6 billion first close on its fifth flagship fund, which it’s seeking to more than double.