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CIP bioenergy fund I closes at €375m

A mid-cap green fuel Copenhagen Infrastructure Partners’ fund, CI Advanced Bioenergy Fund I, has closed at $375 million, with investments from Nordic pension funds, PensionDanmark, Industriens Pension, AP2 and AP4, according to a report from IPE Real Assets.

The fund is looking to hit a €1 billion target and so far has received €100 million from PensionDanmark, €60 million from Industriens Pension, with commitments from CIP itself and Vestas, a Danish wind turbine manufacturer.

AP2 and AP4 declined to disclose their respective commitments to the fund.

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