Copenhagen Infrastructure Energy Transition Fund I K/S (CI ETF I) was established in June 2021 reaching first close with 800m in commitments. The fund is expected to reach financial close within 9 months from first close.
CI ETF I will invest in next generation energy infrastructure solutions, e.g. Power-to-X, to decarbonize hard-to-abate sectors in low-risk countries in Western Europe, North America, Asia and Australia. Besides Power-to-X, the next generation energy infrastructure covers green fuel and feedstock production, transmission, and storage, but also other decarbonization technologies.
CI ETF I will apply the same approach as CIP’s existing flagship funds, i.e. engaging with infrastructure projects prior to start of construction and apply CIP’s industrial skills to optimize and de-risk projects and investments. Once de-risked the projects are expected to have core infrastructure characteristics including long term offtake contracts.