Norway’s Norges Bank commits €900 million to Copenhagen Infrastructure Partners’ renewable energy fund

Norway’s Norges Bank Investment Management has pledged €900 million ($1.004 billion) to Copenhagen Infrastructure Partners’ (CIP) renewable energy fund, CI V. This fund will focus on developing renewable energy projects, including wind and solar, across various regions. The investment aligns with the Ministry of Finance’s 2019 mandate, which supports investments in unlisted renewable energy infrastructure. The partnership also includes a €250 million investment by Copenhagen and Elgin’s retained management into the solar developer Elgin Energy,…