Copenhagen Infrastructure Partners

Copenhagen Infrastructure Partners P/S ("CIP") is an investment firm specializing in infrastructure investments, particularly wind power.[1][2]

Copenhagen Infrastructure Partners
TypePrivate company
IndustryFinancial services
Founded2012 (2012)
HeadquartersCopenhagen, Denmark
Area served
Worldwide
Key people
Jakob Baruël Poulsen, Christian T. Skakkebæk, Torsten Lodberg Smed, and Christina Grumstrup Sørensen
ProductsInvestment funds
Number of employees
250+
Websitehttps://cipartners.dk

History

Founded in 2012, CIP today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore- and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity and storage, Power-to-X and advanced bioenergy. CIP manages ten funds and has to date raised approximately EUR 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and offices in Copenhagen, London, Hamburg, Utrecht, New York, Tokyo, Singapore, Seoul, and Melbourne.

CIP focuses its on investments in greenfield energy infrastructure projects. By entering early, the company get exclusive access to some of the most attractive investment opportunities. De-risking and structuring the projects creates an attractive risk-adjusted return for investors alongside a significant positive impact on the local society and environment. CIP has a market-leading portfolio of green energy projects, totalling more than 90 GW, with a primary focus on offshore wind, onshore wind and solar PV, energy storage, Power-to-X, Waste-to-X, and other renewables. CIP aims raising €100 billion by 2030 to be invested in green energy investments.

All CIP’s funds seek to invest in renewable energy infrastructure projects which can assist in transitioning the global economy into a net-zero emissions scenario by 2050. Recently, CIP announced its Fund V - the CI V. CI V will be CIP’s 11th fund and its largest ever with a target fund size of EUR 12-16bn. It will be the largest private fund ever raised to support the transition to net zero.

In September-November 2022, Danish business daily "Berlingske Business" published a series of articles about the past, present and future of CIP. (https://www.berlingske.dk/virksomheder/det-her-kommer-til-at-slaa-alt-igen-diskrete-danskere-vil-rejse-over)

Investment Funds

  • CI Artemis K/S - established in 2014 with a total commitment of EUR 392m
  • CI Artemis II K/S - established in 2020 with a total commitment of approximately EUR 300m

CIP aims for EUR 100bn in renewable energy investments by 2030.[3]

Investors

In just ten years, CIP has become one of the world’s most sought-after investment firms for green energy and infrastructure projects. CIP has gone from having €1 billion under management for a single Danish investor in a single fund to having €19 billion in ten funds for more than 140 Danish and international institutional investors. PensionDanmark (a Danish pension fund) was a founding investor and remains is a major investor.[4]

Investments

Through its funds, CIP has long range of investments in operation, in construction and in late-stage development. Below is listed a few.

References

  1. Reed, Stanley. "Can a Leader in Offshore Wind Power Succeed in the United States?". www.nytimes.com. Retrieved 10 July 2019.
  2. "Company Overview of Copenhagen Infrastructure Partners P/S". www.bloomberg.com. Bloomberg. Retrieved 10 July 2019.
  3. "Copenhagen Infrastructure Partners". www.cipartners.dk. Copenhagen Infrastructure Partners. Retrieved 16 December 2021.
  4. "Copenhagen Infrastructure Partners". www.pensiondanmark.com. Pension Denmark. Retrieved 2 August 2019.
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