Montana Pumped Storage Hydro Energy Project Secures Lead Equity Investor

Absaroka Energy LLC, the developer of a closed loop Gordon Butte Pumped Storage Hydro Project with the assistance of investment banking advisors Green Giraffe, Bostonia Partners, and Voltiq, have entered an agreement securing equity investment capital for the project from Copenhagen Infrastructure Partners
(CIP), Denmark.

You can read the full press release on Absaroka Energy’s website.

About Copenhagen Infrastructure Partners

Copenhagen Infrastructure Partners P/S (CIP) is a fund management company focused on energy infrastructure including offshore wind, onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, and other energy assets like reserve capacity and storage. CIP has approximately 110 employees and offices in Copenhagen, Taipei, New York, Tokyo, Utrecht, and London.

CIP manages six funds and has more than EUR 8 bn under management. CI I, CI A I and CI A II have PensionDanmark as founding- and sole investor. CI II has 19 Danish and international institutional investors and CI III has 42 institutional investors from the Nordics, Continental Europe, the UK, Israel, Asia, Australia, and multi-lateral organizations e.g. EIB. CI NMF I has 15 investors from the Nordics and Continental Europe.

CIP was founded in 2012 by senior executives from the energy industry in cooperation with Pension Denmark.