Investor interest in large-scale greenfield energy infrastructure investments is increasing, and CIP is finalizing fundraising for the CI V fund, with total commitments exceeding the €12 billion target, excluding capital raised for co-investments.

“Reaching €12 billion is a fantastic achievement and a testament to our proven industrial approach to energy infrastructure investments. I am proud that some of the world’s largest and most sophisticated investors are committed to CIP, and I am delighted to once again have the support of our existing investors while welcoming many new investors to our platform,” said Jakob Baruël Poulsen, Managing Partner at Copenhagen Infrastructure Partners.

The fund aims to invest in the energy transition across a range of technologies, from wind and solar photovoltaic to battery storage, in low-risk OECD countries across Europe, North America, and the Asia-Pacific region. CI V has exceeded all expectations so far and has already made six final investment decisions (FID), committing 60% of the fund, ensuring a rapid capital deployment and significant value creation in the early stages of the fund’s lifecycle.

With ownership of more than 50 projects in the development phase, with a potential CI V investment volume of €24 billion, the fund is on track to continue commitments throughout the next year. CI V is expected to add 30 GW of new energy capacity to the global grid—enough to supply the average consumption of more than 10 million households.

“Our team of energy industry experts specializes in greenfield investments that enhance the value of large-scale energy infrastructure projects while delivering attractive risk-adjusted returns for our investors. We believe CI V is a highly relevant and important component of our investors’ portfolios, providing stability and portfolio diversification with protection against cash flow reductions and inflation.

Value creation in our funds is based on early, low-cost entry and risk mitigation while optimizing the asset throughout the various project phases, which are typically less correlated with macroeconomic factors and economic cycles. Strength is further reinforced by the high degree of versatility within our extensive project portfolio and the diversification across technologies and markets,” said Mads Skovgaard-Andersen, Head of Flagship Funds and Partner at CIP.

A significant amount of new power generation capacity must be added to the grid to meet the growing demand for electricity driven by digitalization, AI, and the rapid expansion of data centers, as well as the general electrification of transport and heating. In most markets, renewable energy—particularly solar and onshore wind—is the most cost-competitive and scalable new power source, making it fundamental for countries to improve cost competitiveness and energy security.

“Strong structural tailwinds are driving the energy transition. The rising demand for electricity, fueled by economic growth, widespread electrification, and digitalization, requires an unprecedented build-out of new energy infrastructure.

At the same time, renewable energy fundamentals are stronger than ever, as industrial competitiveness, productivity, and energy resilience take center stage on global political and industrial agendas.

By combining our industrial and financial expertise, CIP is uniquely positioned to develop some of the world’s largest, most significant, and most complex energy projects—helping countries secure cost-competitive, reliable, and clean energy while creating value for our investors at the same time,” said Jakob Baruël Poulsen.