The Copenhagen Infrastructure II K/S fund was established in September 2014 with initial commitment from eight Danish institutional investors including PensionDanmark, Lægernes Pensionskasse, PBU, JØP, DIP, Nykredit, PFA and Nordea.
Kommunal Landspensjonskasse, Lærernes Pension, the European Investment Bank, AP Pension, SEB Pension, Oslo Pensjonsforsikring, SEB Pension och Försäkring, a UK pension fund managed by The Townsend Group (UK), T&W Holding, LB Forsikring and VILLUM FONDEN have also backed the fund.
CIP said the fund is a 20-year buy-and-hold fund with base case expects holding the investments throughout its lifetime.
CIP senior partner Christian Skakkebæk said: "The fund’s focus will be on investments in energy infrastructure with stable returns, such as biomass fired power plants, electricity transmission grids as well as onshore and offshore wind."
CIP has experience and knowledge within the fields of regulated infrastructure and renewable energy.
The company’s team has a range of competencies within corporate finance, merger and acquisitions, engineering, project development and project management.