Norges Bank Investment Management (NBIM) has entered into an agreement to commit €900 million to Copenhagen Infrastructure Partners’ (CIP) fifth flagship fund, CI V, as part of its strategy to build a portfolio in unlisted renewable energy infrastructure. This investment will provide NBIM with exposure to renewable energy projects in the development stage, including offshore and onshore wind, solar farms, grid and distribution, and storage across North America, Western Europe, and developed countries in the Asia Pacific region. Chief Investment Officer Real Assets at NBIM, Mie Holstad, emphasizes the strategic value and investment potential of this partnership, citing CIP’s reputation and expertise in creating value for investors.
Renewable Energy, Private Equity,Norway, North America, Western Europe, Asia Pacific
https://www.nbim.no/en/the-fund/news-list/2024/new-investment-in-unlisted-renewable-energy-infrastructure/