Copenhagen Infrastructure Partners (CIP) has established the fund Copenhagen Infrastructure IV, which is expected to become one of the largest funds in the world investing in renewable energy infrastructure with expected commitments from investors totaling 14 billion EUR. PensionDanmark has as one of the first investors committed 500 million EUR.
”Copenhagen Infrastructure Partners has proven exceptional qualifications investing in renewable energy infrastructure within offshore and onshore wind, solar energy and transmission grids in Europe, North America and parts of Asia. Our collaboration has been very satisfactory. Historically, it has provided very attractive returns for our members of around 10 per cent annually and has contributed substantially to the green transition,” says PensionDanmark’s CEO Torben Möger Pedersen.
In 2012, PensionDanmark helped establish the first CIP Fund, Copenhagen Infrastructure I, as sole investor. Since then, more funds have followed and with several investors.
With the establishment of CI IV, CIP expect their total portfolio of investments to save the equivalent of approximately 10-11m tonnes of CO2 emission each year and deliver sustainable power to approximately 5 million households.
At the end of 2019, PensionDanmark’s investments in infrastructure totaled 22.6 billion DKK of which around half of the investments were made through Copenhagen Infrastructure Partners.