Copenhagen Infrastructure Partners has reached the final close for its two new funds, CI Advanced Bioenergy Fund I (CI ABF I) and CI Green Credit Fund I (CI GCF I) with total commitments of EUR2 billion (USD2.1 billion).
CI GCF I successfully closed at EUR 1 billion (USD1.056 Billion), accompanied by an additional EUR 200 million (USD211 million) in co-investments. Simultaneously, ABF I achieved a closure at EUR 750 million (USD792 Million).
CI GCF I specializes in providing private project finance debt with subordinated risk features, supporting renewable energy projects across Europe, North America, and specific jurisdictions in the Asia Pacific region. The fund concentrates on both green- and brownfield projects within renewable energy infrastructure. While its primary focus lies in direct investments, it also possesses the capacity to engage in risk-sharing transactions.
Advanced Bioenergy Fund I focuses on investments in advanced bioenergy infrastructure, particularly in Europe. It allows institutional investors to actively contribute to the energy transition and participate in decarbonizing challenging sectors by producing advanced biofuels and biogas. CI ABF I is poised to play a significant role in producing clean fuels, specifically renewable natural gas derived from sources like food waste, agricultural residues, and other organic waste streams.
RWE has commenced construction on the onshore substation for its 1 GW Thor offshore wind farm project in Denmark.
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Sungrow has entered a contract with BeGreen to supply solar inverters for the Brilliant Project in Denmark.
Read moreRWE has signed a grid connection agreement with the Energinet for its Thor Offshore Wind Farm.
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RWE has signed a concession agreement with the Danish Energy Agency (Energistyrelsen) to construct and operate the 800 MW Thor offshore wind farm for 30 years.
Read moreVattenfall has taken the final investment decision for Vesterhav Syd and Vesterhav Nord offshore wind farms located on the west coast of Jutland, Denmark.
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