Norway’s Wealth Fund Marks €900 Million for CIP Renewables Fund

Published On Aug 26, 2024, 6:15 AM

Norway’s $1.7 trillion sovereign wealth fund has committed €900 million ($1 billion) to invest in Copenhagen Infrastructure Partners’ fifth flagship fund. This marks the fund's first indirect investment in unlisted renewable energy infrastructure, expanding its strategy to include investments in projects at the development stage. The investment aims to enhance the fund's exposure across the renewable energy value chain and to facilitate knowledge and experience in new markets and technologies.